3449 N Marks Ave - Apartments FOR SALE


Fresno, CA 93722- Roeding Park
$649,900 USD
760-987-5332
3449 N Marks Ave, Fresno, CA for Sale
$649,900 USD
Apartments - FOR SALE
1/4
null | 7% Cap Rate

3449 N Marks Ave
Fresno, CA 93722
Roeding Park


HIGHLIGHTS

  • Washer/dryer hookups in each
  • Located near Freeway 99 unit
  • Turnkey Investment
  • Gated Property
  • Housing Voucher Tenants

OVERVIEW

3449 N Marks Ave is a four unit multifamily property located in Fresno’s 93722 zip code. The property offers a uniform unit mix, with all four units featuring 2 bedroom, 1 bathroom floor plans. Each unit is equipped with in unit washer and dryer hookups, a highly desirable amenity that supports strong tenant retention and attracts longer term residents. The property is gated, with each unit’s front entrance situated behind fencing, providing residents with an added layer of security and privacy. Uncovered parking is located at the rear of the property for tenant use. Three of the four units are currently occupied, with the remaining unit actively being marketed for lease. The property currently benefits from Section 8 Housing Choice Voucher tenancy, with a portion of the monthly rent guaranteed directly by the Housing Authority, providing consistent and reliable income collection. The units are individually metered for P.G.&E. and paid by tenant. Landlord currently pays water, sewer and trash.

FOR SALE DETAILS

PRICE

$649,900 USD

PRICE/SF

$196 USD /SF

# OF UNITS

4

PRICE/UNIT

$162,475

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,121 SF

ZONING

RM1

APN/PARCEL ID

433-450-06

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.