8541 Deep Street

San Joaquin, CA 93660

$6,400,000
Price
106
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

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
  1. 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: 10/23/2024 07:21 PM

Property Details for 8541 Deep Street

StatusActive
MLS #MP24218768
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size2.56 AC / 111,470 SF
CountyFresno 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

Summary Information
Property and Location
  • System ID: 306294530
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 8541
  • Street Name: Deep Street
  • Directions To Property: Off of main street in San Joaquin
HOA and Fees
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Topography: Level
  • Site: Corner Lot, Cul-De-Sac, Curbs, Sidewalks
  • Zoning: Estimated
  • Assessors Parcel Num: 03323423S
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 106
  • Unit 1 Num of Total Baths: 0
  • Unit 1 Rent Actual: $511,380

Property History for 8541 Deep Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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8541 Deep Street is a multi-family home for sale in San Joaquin, CA 93660. This property was listed for sale on October 23, 2024 by Concierge Real Estate Services, Inc., it's currently listed at $6,400,000. This listing's school districts are Golden Plains Unified School District, Fresno County Office Of Education School District. Nearby schools include San Joaquin Elementary School, Tranquillity High School and Tranquillity Elementary School. 8541 Deep Street is a 106-bed, 0-bath, multi-family home.

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Listing Courtesy of Concierge Real Estate Services, Inc.

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.