1905 E Pontiac Way - Apartments FOR SALE


Fresno, CA 93726- McLane
$5,670,000 USD
559-458-5406
1905 E Pontiac Way, Fresno, CA for Sale
$5,670,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

1905 E Pontiac Way
Fresno, CA 93726
McLane


OVERVIEW

Acquire Blue Haven Apartments with a significant built-in financing advantage: an assumable loan of $2,242,238 at a fixed 4.30% interest rate maturing April 2040 — locking in below-market debt on day one, in a rate environment where comparable financing would cost materially more. This 42-unit Fresno multifamily community is fully operational and income-producing, with occupancy set to hit 100% in the near term — tenants are already lined up and prepared to take occupancy on the remaining units. The portfolio consists of 40 one-bedroom and 2 two-bedroom units across a gated, amenity-rich campus featuring a pool, on-site laundry, professional landscaping, and resident management — the kind of stabilized infrastructure that attracts and retains tenants without the heavy lift. For the investor, the math is straightforward: step into a near-fully-occupied, cash-flowing asset, assume the existing note, and deploy your equity where it works hardest. Whether you're building scale, completing a 1031 exchange, or simply looking for a Central Valley foothold with real upside potential, Blue Haven is positioned to perform from day one. All tours by confirmed appointment only. Please do not walk the grounds or disturb tenants. Contact your agent for rent roll, financials, and loan assumption details.

FOR SALE DETAILS

PRICE

$5,670,000 USD

PRICE/SF

$197 USD /SF

# OF UNITS

42

PRICE/UNIT

$135,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Blue Haven Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

R-4

APN/PARCEL ID

436-182-14

ASK ABOUT THIS PROPERTY

Gor HovhannisyanFresno Income PropertiesMore Info
559-458-5406

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Gor HovhannisyanFresno Income PropertiesMore Info
559-458-5406

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