3345 E Fairmont Ave - Apartments FOR SALE


Fresno, CA 93726- Hoover
$975,000 USD
760-987-5332
3345 E Fairmont Ave, Fresno, CA for Sale
$975,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

3345 E Fairmont Ave
Fresno, CA 93726
Hoover


HIGHLIGHTS

  • Some units have been recently renovated
  • Strong cash flow with room for rent growth
  • Centrally located in Fresno and in close proximity to Freeways 41and 168

OVERVIEW

Colliers | Fresno is pleased to present this 6-unit turnkey, investment property available for sale located at 3345 E. Fairmont Avenue in Fresno, California. This 6-unit property totals approximately 4,800 square feet. All units have 2 bedrooms/1 bathroom with some recently renovated units. Centrally located in Fresno, California, near the East Shaw office/retail corridor, the property is just south of Shaw Avenue near the southeast corner of First Street and Shaw Avenue, and is in close proximity to Freeways 41and 168. Built in 1966, the building is situated on approximately 8,820 square feet of land and zoned CMX. The units are individually metered for P.G.&E. and paid by tenant. Landlord currently pays water, sewer and trash.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$165 USD /SF

# OF UNITS

6

PRICE/UNIT

$162,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

R-3, Fresno

APN/PARCEL ID

427-072-24

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 Notice.