1636 Broadway St - Apartments FOR SALE


Fresno, CA 93721
$10,750,000 USD
559-288-8803
1636 Broadway St, Fresno, CA for Sale
$10,750,000 USD
Apartments - FOR SALE
1/7
null | 6.81% Cap Rate

1636 Broadway St
Fresno, CA 93721


HIGHLIGHTS

  • YEAR OVER YEAR RENT GROWTH OVER 35%
  • 6.83 CAP - 7.40% CASH-ON-CASH - YEAR 1
  • HIGHLY AMENITIZED WITH WASHER / DRYER HOOKUPS & ATTACHED GARAGES
  • LOW TO MID 5% FINANCING POSSIBLE

OVERVIEW

Northmarq is pleased to announce that it has been retained as the exclusive listing agent for the sale of Brio on Broadway, a 52 residential unit plus 2 commercial unit community located in Fresno, California. This property provides the right investor an opportunity to acquire a turnkey asset in one of the nation’s hottest sub markets.

FOR SALE DETAILS

PRICE

$10,750,000 USD

PRICE/SF

$143 USD /SF

# OF UNITS

54

PRICE/UNIT

$199,074

CAP RATE

6.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brio on Broadway

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2015

PARKING SPACES

52

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,855 SF

ZONING

C-4

APN/PARCEL ID

466-193-28

ASK ABOUT THIS PROPERTY

Robin KaneNorthmarqMore Info
559-288-8803

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Robin KaneNorthmarqMore Info
559-288-8803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.