3789 E Hampton Way - Apartments FOR SALE


Fresno, CA 93726- McLane
$4,495,000 USD
559-288-8803
3789 E Hampton Way, Fresno, CA for Sale
$4,495,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

3789 E Hampton Way
Fresno, CA 93726
McLane


HIGHLIGHTS

  • PRIDE OF OWNERSHIP - PERFECT FOR SMALL INVESTORS
  • SINGLE STORY, GATED ENTRANCE, WASHER/DRYER HOOKUPS
  • MAJOR RENOVATIONS RECENTLY COMPLETED

OVERVIEW

Boutique Single-Story Community: Seven single-story buildings across 1.50 acres, offering a quiet, neighborhood feel with covered parking and well-kept landscaping. Desirable Unit Mix: 18 units comprised of 2x 1-bed/1-bath (750 SF), 13x 2-bed/2-bath (850 SF), 1x 2-bed/2-bath office unit (950 SF), and 2x 3-bed/2-bath (1,100 SF); average unit size ~872 SF. Renovation Upside: Sample upgraded interiors demonstrate modern finishes; value-add potential via continued interior renovations and rent alignment to comps. In-Place Performance with Growth Potential:Current average rent $1,564 ($1.79/SF) vs. market average $1,626 ($1.86/SF); comps indicate further achievable rent lift. Central Fresno Location: McLane submarket near major retail (Fashion Fair, Fig Garden Village, River Park), employment, and education centers including Fresno State and Fresno City College. Stable Fresno Fundamentals: Region showing steady employment gains and modest rent growth; Central Valley rents forecasted to continue rising. Convenient Access & Amenities: Close to shopping corridors, parks, and key arterials; on-site covered parking and gated walkways enhance tenant appeal. Efficient Footprint for Management: Single-story layouts simplify turns and maintenance, supporting operational efficiency for a small asset.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

18

PRICE/UNIT

$249,722

CAP RATE

Request Cap Rate

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Way Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

R-4, Fresno

APN/PARCEL ID

436-080-73

ASK ABOUT THIS PROPERTY

Robin KaneNorthmarqMore Info
559-288-8803

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Robin KaneNorthmarqMore Info
559-288-8803

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