2910 E Huntington Blvd - Multi-Family FOR SALE


Fresno, CA 93721- Huntington
$3,207,000 USD
559-288-8803
2910 E Huntington Blvd, Fresno, CA for Sale
$3,207,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

2910 E Huntington Blvd
Fresno, CA 93721
Huntington


HIGHLIGHTS

  • EXCELLENT UNIT MIX, SINGLE STORY DESIGN
  • LONG TERM OWNER, HUGE UPSIDE OPPORTUNITY
  • WELL MAINTAINED, STABLE TENANT PROFILE

OVERVIEW

STRATEGIC CENTRAL FRESNO LOCATION Situated at 2910-2920 E. Huntington Blvd with immediate access to CA-41, CA-168, and CA-180, providing excellent connectivity to regional employment hubs. ATTRACTIVE ACQUISITION BASIS Offered at $3,207,000 ($145,773/unit; $150/SF), representing a competitive entry point relative to recent Fresno and Clovis multifamily trades. STABLE CASH FLOW WITH UPSIDE Currently 100% occupied with a 6.17% Market Cap Rate and clear "mark-to-market" potential as in-place rents ($1,420 avg) trail market competitors ($1,455+ avg). LOW-DENSITY RESIDENTIAL PROFILE A 22-unit community featuring 10 single-story buildings on a 1.38-acre site, offering a quiet, high-demand environment for workforce renters. VERSATILE UNIT MIX Includes a functional blend of 1BR, 2BR, and 3BR floor plans with a generous average unit size of 973 SF and the benefit of in-unit laundry hookups. PROXIMITY TO MAJOR ANCHORS Located near Fresno State University (24,000+ students), Fresno City College, and the Fashion Fair Mall, ensuring a consistent pipeline of tenant demand. VALUE-ADD POTENTIAL Opportunity to drive NOI growth through light-touch interior cosmetic upgrades and standardized management of contract services and utilities. STRONG SUBMARKET FUNDAMENTALS Positioned in a supply-constrained rental market with a 98% average submarket occupancy and diverse economic drivers in healthcare and education.

FOR SALE DETAILS

PRICE

$3,207,000 USD

PRICE/SF

$150 USD /SF

# OF UNITS

22

PRICE/UNIT

$145,773

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Barcelona Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.38 AC

LAND SF

60,113 SF

ZONING

-

APN/PARCEL ID

468-371-01

ASK ABOUT THIS PROPERTY

Robin KaneNorthmarqMore Info
559-288-8803

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

Robin KaneNorthmarqMore Info
559-288-8803

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