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$3,207,000
Est. payment /mo
48 Beds
32 Baths
21,860 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 21,860 sqft
Price per Sqft $146
MLS Listing ID 648436
Bedrooms 48
Full Baths 32
HOA Y/N No
Year Built 1969
Lot Size 1.375 Acres
Property Sub-Type Multi Family
Property Description
Strategic Central Fresno LocationSituated at 2910-2920 E. Huntington Blvd with immediate access to CA-41, CA-168, and CA-180, providing excellentconnectivity to regional employment hubs.Attractive Aquisition BasisOffered at $3,207,000 ($145,773/unit; $150/SF), representing a competitive entry point relative to recent Fresnoand Clovis multifamily trades.Cash Flow with UpsideCurrently 100% occupied with a 6.17% Market Cap Rate and clear mark-to-market potential as in-place rents($1,420 avg) trail market competitors ($1,455+ avg).Low-Density Residential ProfileA 22-unit community featuring 10 single-story buildings on a 1.38-acre site, offering a quiet, high-demand environmentfor workforce renters.Versatile Unit MixIncludes a functional blend of 1BR, 2BR, and 3BR floor plans with a generous average unit size of 973 SF and thebenefit of in-unit laundry hookups.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Appliance Washer/Dryer(s) Leased
Exterior
Parking Features Carport
Community Features Pool
Utilities Available Public Utilities
Roof Type Wood,Tile
Building
Lot Description Suburban
Story 1
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified
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Listed by Brendan Kane Real Estate
Nearby Locations
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