441 S Dearing Ave - Apartments FOR SALE


Fresno, CA 93702- Huntington
$1,880,000 USD
562-686-4672
441 S Dearing Ave, Fresno, CA for Sale
$1,880,000 USD
Apartments - FOR SALE
1/11
null | 6.92% Cap Rate

441 S Dearing Ave
Fresno, CA 93702
Huntington


HIGHLIGHTS

  • Excellent Location - Close Proximity to Major Retailers
  • $183 Per SFT! Priced Below Replacement Cost
  • Strong Demand - Great Unit Mix
  • Gated Property
  • Remodeled Units
  • Long Term Tenants

OVERVIEW

T.N.G. Commercial Real Estate Consultants is pleased to present EASTGATE 13 - A Gated 13 Unit Multifamily Investment Opportunity location at 441 S. Dearing Avenue In Fresno, California. Eastgate 13 offers investors the opportunity to acquire a well positioned apartment community in a strong rental market with consistent tenant demand. The property consists of thirteen residential units situated on a spacious parcel within an established neighborhood of Southeast Fresno. Apartment communities of this size remain highly desirable among private investors due to their manageable scale and steady income potential. The property benefits from a central location with convenient access to major transportation corridors including Highway 41, Highway 99, and State Route 180, allowing residents to easily commute throughout Fresno and the surrounding Central Valley. The area is supported by nearby retail centers, grocery stores, and national retailers including Home Depot, Starbucks, McDonald's, Chase Bank, FedEx and more. Eastgate 13 presents investors with a stabilized multifamily asset in a growing rental market where demand for workforce housing continues to remain strong. Below Replacement Cost! CONTACT LISTING AGENT FOR FURTHER DETAILS.

FOR SALE DETAILS

PRICE

$1,880,000 USD

PRICE/SF

$183 USD /SF

# OF UNITS

13

PRICE/UNIT

$144,615

CAP RATE

6.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R-3

APN/PARCEL ID

461-234-16

ASK ABOUT THIS PROPERTY

Adrian MartinezTNG Real EstateMore Info
562-686-4672

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Adrian MartinezTNG Real EstateMore Info
562-686-4672

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