8541 Deep Street

San Joaquin, CA 93660

  • 0 Bed(s)
  • 0 Bath(s)
  • 44,320 Sqft
  • 111472
    Sqft(Lot)
$6,400,000

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 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. don’t miss your chance to capitalize on this promising investment opportunity! ask about our assumable mortgage at 4.8%!



apns

  • Property Type

    Residential Income

  • County

    Fresno

  • Style

    Residential Income

  • AD ID

    47414386

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 2007
    • Building Area Total: 44,320
    • Construction: Drywall

    Foundation

    • Slab

    Pool Features

    • None

    Laundry Features

    • Inside

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 2.559
    • Lot Size Source: Estimated
    • Lot Size Square Feet: 111472

  • Listing Price Information

    • Original List Price: 6,400,000
    • Listing Contract Date: 2024-10-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 03323423S

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Postal Code Plus 4: 9671
    • Directions: Off of main street in San Joaquin
    • Source Property Type: Residential Income
    • Property SubType: Condominium

    Building and Construction

    • Property Age: 17
    • Common Walls: 2+ Common Walls
    • Structure Type: Condominium
    • Year Built Source: Estimated
    • Entry Level: 1
    • Entry Location: From Main street
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 11/21/2024 @ 13:02

  • MLS: MP24218768
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 44,320 sqft, 111,472 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Joaquin , in zip code 93660, this Fresno County Home are nearby neighborhoods.