3460 N Brawley Ave - Apartments FOR SALE


Fresno, CA 93722- West Fresno
$2,520,000 USD
559-288-8803
3460 N Brawley Ave, Fresno, CA for Sale
$2,520,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

3460 N Brawley Ave
Fresno, CA 93722
West Fresno


OVERVIEW

TCAC Property: Brawley Apartments are is encumbered by LIHTC covenants. There is the possibility of increasing the number of residents with Section 8 Housing Authority vouchers which are paying substantially more than the TCAC Rental Rate. Prime Duplex Investment: Purchase includes 9 duplex units across two properties—3780 W Dakota (2 duplexes) and 3460 N Brawley (7duplexes)—sold together as a package. Low Maintenance: Properties feature durable tile roofs and stucco siding. Convenient Laundry Facilities: Each unit is equipped with laundry hookups in private garages, with an additional small laundry building on-site. Diverse Unit Sizes: 11 units are 2 beds/1 bath at 966 sqft, and 7 units are 3 beds/2 baths at 1176 sqft. Strong Income Potential: Projected annual gross income of $237,000. Expansion Opportunities: On-site 60x70 ponding basin offers potential for additional parking, trash enclosure, or solar installations.

FOR SALE DETAILS

PRICE

$2,520,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

18

PRICE/UNIT

$140,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,061 SF

ZONING

R-2

APN/PARCEL ID

433-550-17

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.