3442 W University Ave - Apartments FOR SALE


Fresno, CA 93722- West Fresno
$1,200,000 USD
559-288-8803
3442 W University Ave, Fresno, CA for Sale
$1,200,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

3442 W University Ave
Fresno, CA 93722
West Fresno


HIGHLIGHTS

  • GROWING AREA WITH NEW HOMES, SHOPPING, SCHOOLS
  • MAJOR RENOVATION COMPLETED
  • SINGLE STORY, PITCHED COMP ROOFS

OVERVIEW

Northmarq is pleased to provide a unique opportunity to acquire six units in the dynamic market of Fresno in the Central Valley. The unit mix is six – two bed, one bath units at 750 for a total of 4,500 net rentable square feet. Built in 1955, University has undergone major renovations over the last couple of years including new roofs, siding, windows and heating/cooling systems Features include gated entrance, covered parking, HVAC and pitched composition roofs. Located on University Avenue, the property enjoys proximity to Freeway 99.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

6

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,210 SF

ZONING

RR

APN/PARCEL ID

442-270-08

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.