2901 APRON AVE

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2901 APRON AVE

ATWATER, CA 95301
Asking Price
$4.60M
Asset Type
Distribution Industrial
Class
Class B

What's Special

76,110 SF Industrial Warehouse with Rail, Air, Highway, and Crane Service <ul><li>​MULTIMODAL CONNECTIVITY: Direct access to two (2) on-site rail spurs, Castle Airport airstrip, and Highway 99 via the Atwater-Merced Expressway (completion anticipated 2028), offering rail, air, and highway access in one location.</li><li>​EXCEPTIONAL FUNCTIONALITY: ±76,110 SF warehouse on ±5.06 acres featuring five (5) rail doors, seven (7) dock-high doors, three (3) grade-level ramp doors, ±24' clear height, heavy power, fire sprinklers, and multiple bridge cranes.</li><li>​FLEXIBLE O

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NOI
$80,000
Cap Rate
1.74%
DSCR
0.29
Underwater
Cash-on-Cash
-13.99%
Monthly Payment
$22,758.29
Annual Cash Flow
$-193,099.482

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