329 N Glenn Ave - Apartments FOR SALE


Fresno, CA 93701- Lowell
$899,000 USD
760-987-5332
329 N Glenn Ave, Fresno, CA for Sale
$899,000 USD
Apartments - FOR SALE
1/30
null | 6.87% Cap Rate

329 N Glenn Ave
Fresno, CA 93701
Lowell


HIGHLIGHTS

  • 8-unit property consisting of three separate structures.
  • Generates approximately $7,897/m in gross scheduled rents.
  • Below market rents with clear upside potential

OVERVIEW

Colliers | Fresno is pleased to present this 8-unit turnkey, investment property available for sale located at 329 N. Glenn Avenue in Fresno, California. This 8-unit property totals approximately 4,164 square feet. One unit has 3 bedrooms/1 bathroom, one unit has 2 bedrooms/1 bathroom, four units have 1 bedroom/1 bathroom and two units are studios with 1 bathroom. Located in Fresno, California, close to Downtown Fresno and the Tower District, the property is just north of the northwest corner of Glenn and McKenzie Avenues, and is in close proximity to Freeways 41, 99 and 168. Built in 1953, the building is situated on approximately 15,750 square feet (±0.36 acres) of land and zoned RS5. The units are individually metered for P.G.&E. and paid by tenant. SELLER FINANCING may be considered with at least 20% down.

FOR SALE DETAILS

PRICE

$899,000 USD

PRICE/SF

$216 USD /SF

# OF UNITS

8

PRICE/UNIT

$112,375

CAP RATE

6.87%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,751 SF

ZONING

RS5

APN/PARCEL ID

459-151-08

ASK ABOUT THIS PROPERTY

Jeffrey KimColliersMore Info
760-987-5332

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Jeffrey KimColliersMore Info
760-987-5332

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