1550 W Swift Ave - Apartments FOR SALE


Fresno, CA 93705- Bullard
$2,595,000 USD
559-288-8803
1550 W Swift Ave, Fresno, CA for Sale
$2,595,000 USD
Apartments - FOR SALE
1/11
null | 5.48% Cap Rate

1550 W Swift Ave
Fresno, CA 93705
Bullard


HIGHLIGHTS

  • PRIDE OF OWNERSHIP
  • QUIET NEIGHBORHOOD
  • NEXT TO GREEN SPACE
  • ALL TWO BEDROOM UNITS WITH WD HOOKUPS

OVERVIEW

***CALL FOR OFFERS - MAY 19*** UNIT MIX The property offers exclusively spacious two-bedroom, two-bathroom floor plans — 16 units at approximately 1,000 SF and 2 units at approximately 1,200 SF. PRIDE OF OWNERSHIP Long-term ownership, stable occupancy, and top-flight maintenance. VALUE-ADD POTENTIAL Current in-place rents average $1,301 against a market average of $1,534 — a $233-per-unit gap that represents meaningful upside for an owner willing to execute on renovations. PROPERTY FEATURES Amenities include washer/dryer hookups, central heat and air, a sparkling swimming pool, and updated plumbing and lighting fixtures. Parking is covered via carport, with an additional two-car garage. STRATEGIC LOCATION Situated in the desirable Bullard submarket, the property offers easy access to premier retail destinations — River Park Shopping Center, Fig Garden Village, and Fashion Fair Mall — as well as major educational institutions including Fresno State and Fresno City College. FRESNO MARKET Fresno continues to emerge as a regional hub for education, healthcare, and commerce. A standout catalyst is the $150 million FATforward expansion at Fresno Yosemite International Airport, expected to drive sustained economic activity and passenger growth throughout the Central Valley.

FOR SALE DETAILS

PRICE

$2,595,000 USD

PRICE/SF

$131 USD /SF

# OF UNITS

18

PRICE/UNIT

$144,167

CAP RATE

5.48%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,120 SF

ZONING

R-3

APN/PARCEL ID

424-150-35

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 Notice.