2.33 Acres Lot
2.33 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26103626
HOA Y/N No
Year Built 1992
Lot Size 2.330 Acres
Property Sub-Type Apartment
Property Description
The current ownership has extensively upgraded and meticulously maintained the property, resulting in strong tenant retention and stable rental income consistent with the area's high demand. The unit mix consists of 7 spacious 3-bedroom, 1.5-bath units and 14 well-appointed 2-bedroom, 1.5-bath units, appealing to a broad tenant base.
With additional land available for possible expansion and increased density potential (buyer to verify with local agencies), this property presents a rare opportunity to acquire a stabilized asset with both immediate cash flow and future development upside. Ideal for investors seeking a pride-of-ownership asset with proven performance and value-add potential.
Location
State CA
County Fresno
Area Fsno - Fresno
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Parking Features Direct Access, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Total Parking Spaces 1
Private Pool No
Building
Lot Description Lot Over 40000 Sqft
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 47133001
Acceptable Financing Cash, Conventional, Owner May Carry, Submit
Listing Terms Cash, Conventional, Owner May Carry, Submit
Special Listing Condition Standard
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Agent | License ID: 00680027
29811 Santa Margarita Parkway, Suite 100, Margarita, CA 92688