57 Units | Fresno, CA | CASH BUYER

4518 E Fountain Way Fresno, CA 93726

4518 E Fountain Way, Fresno, CA, 93726
57 Mutlifamily Units | $3.1M Cash Buyer Fresno Ca
4518 E Fountain Way, Fresno, CA, 93726
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,100,000
Last Verified:
May 26, 2019

Highlights

  • 57 Single-Story Units
  • 1- 2bd/1ba
  • 56 Studios
  • 35 Units: Occupied
  • 22 Units: Vacant
  • 18 Units: Housing Authority
  • Pool | Gated
  • Laundry Room | Great For Seniors
  • Carport Parking | Easy Freeway Access
  • POTENTIAL ARV $5M
  • POTENTIAL $850/$900 PER DOOR

Description

Buyer/Investor could attempt divider wall and closet in unit to call it a 1 bedroom.
Budget for work to be done: $700k-$925k EST.
This would allow for rents to be pushed to $850-$900/door EST
POTENTIAL ARV WOULD BE ABOVE $5M

Located Near Fresno Yosemite International Airport | Prime Opportunity For CASH BUYER | INVESTOR

Building Size: 23440.0sq ft
Lot Size: 90604.0 acres

Map of 4518 E Fountain Way, Fresno, CA, 93726

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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