8541 Deep Street
$6,400,000
106
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Description
Welcome to an incredible investment opportunity featuring 42 fully occupied townhomes in a thriving farming community just 25 minutes from Fresno. The property currently sits at an approximate 6% cap rate, with potential to significantly increase the cap rate by bringing the units up to market rents. These townhomes were built in 2007 and consist of: - 22 three-bedroom, 2.5-bath units at approximately 1,200 sqft - 20 two-bedroom, 1.5-bath units at approximately 900 sqft With each unit assigned its...Welcome to an incredible investment opportunity featuring 42 fully occupied townhomes in a thriving farming community just 25 minutes from Fresno. The property currently sits at an approximate 6% cap rate, with potential to significantly increase the cap rate by bringing the units up to market rents. These townhomes were built in 2007 and consist of: - 22 three-bedroom, 2.5-bath units at approximately 1,200 sqft - 20 two-bedroom, 1.5-bath units at approximately 900 sqft With each unit assigned its own APN for individual resale, this property offers excellent flexibility for investors. All 42 units are occupied, providing a reliable income stream. San Joaquin Townhomes has a waitlist and quickly fills any vacant units, demonstrating strong demand in this market. The property is low maintenance, which can be a significant advantage for investors looking to minimize upkeep costs and management time. The townhomes benefit from city water and sewer, as well as natural gas services. The grounds are well kept, featuring attractive landscaping, a playground, and a basketball hoop, creating a welcoming environment for residents. This location offers a fantastic living option for those working and living in the area, providing a more affordable alternative to Fresno with a short drive. Dont miss your chance to capitalize on this promising investment opportunity! Ask about our assumable Mortgage at 4.8%! APNs
- Listed by Dylan Shull • DRE #02230074 • Concierge Real Estate Services, Inc.
Property Details for 8541 Deep Street
City Postal ID
SAN JOAQUIN (93660)
LISTING UPDATED: 12/12/2024 10:59 PM
Property Details for 8541 Deep Street
Status | Active |
---|---|
MLS # | MP24218768 |
Days on Market | 61 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 2-4 Units |
Year Built | - |
Lot Size | 2.56 AC / 111,470 SF |
County | Fresno County |
Building Information for 8541 Deep Street
Stories2Residences-Year Built-Building Size-Lot Size2.56 AC / 111,470 SF
Property Information for 8541 Deep Street
Property History for 8541 Deep Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 8541 Deep Street
This home is within Golden Plains Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
San Joaquin Elementary School PublicK to 8 | ||
Tranquillity High School Public9 to 12 | ||
Tranquillity Elementary School PublicK to 8 | ||
Helm Elementary School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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