446 N Maple Ave - Apartments FOR SALE


Fresno, CA 93702- Huntington
$799,900 USD
760-987-5332
446 N Maple Ave, Fresno, CA for Sale
$799,900 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

446 N Maple Ave
Fresno, CA 93702
Huntington


HIGHLIGHTS

  • Qualifies for housing assistance programs such as Section 8
  • SB 721 inspections completed
  • Strong cash flow potential and a solid foundation for investors seeking portfolio growth
  • Proven profitability verified with two years of P&L’s
  • Centrally located in Fresno and in close proximity to Freeways 168 and 180
  • On-site laundry room for extra income

OVERVIEW

446 N Maple Avenue is a six-unit multifamily property located in Fresno, California. Configured across two stories with Units 101–103 on the ground floor and Units 201–203 above, the asset is offered completely turnkey and is backed by several years of proven profitability, giving new ownership a stabilized, fully operational property with a demonstrated income stream rather than a speculative pro forma. Every unit at the property has been updated, delivering modernized interiors that appeal to today’s renters and minimizing near-term capital requirements for incoming ownership. The improvements throughout the building position 446 N Maple to continue attracting quality tenants and maintaining strong occupancy going forward. The property includes six carport spaces, one assigned to each unit, as well as an on-site laundry room that is currently unused and available for activation as an additional income stream. Together, the updated units, consistent operating history, and turnkey condition make 446 N Maple a low-maintenance, stabilized asset with built-in upside. The units are individually metered for P.G.&E. and paid by tenant.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$203 USD /SF

# OF UNITS

6

PRICE/UNIT

$133,317

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

1

YEAR BUILT

1971

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

NMX

APN/PARCEL ID

460-081-16

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.