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$2,520,000
Est. payment /mo
43 Beds
25 Baths
13,994 SqFt
UPDATED:
10/17/2024 04:59 PM
Key Details
Property Type Multi-Family
Sub Type 16 Units & More
Listing Status Active
Purchase Type For Sale
Square Footage 13,994 sqft
Price per Sqft $180
MLS Listing ID 617949
Bedrooms 43
Year Built 1994
Lot Size 1.380 Acres
Property Description
TCAC Property: Brawley Apartments are is encumbered by LIHTCcovenants. There is the possibility of increasing the number ofresidents with Section 8 Housing Authority vouchers which are payingsubstantially more than the TCAC Rental Rate.Prime Duplex Investment: Purchase includes 9 duplex units across twoproperties3780 W Dakota (2 duplexes) and 3460 N Brawley (7duplexes)sold together as a package. Low Maintenance: Properties feature durable tile roofs and stuccosiding. Convenient Laundry Facilities: Each unit is equipped with laundryhookups in private garages, with an additional small laundry buildingon-site. Diverse Unit Sizes: 11 units are 2 beds/1 bath at 966 sqft, and 7 unitsare 3 beds/2 baths at 1176 sqft. Strong Income Potential: Projected annual gross income of $237,000. Expansion Opportunities: On-site 60x70 ponding basin offers potentialfor additional parking, trash enclosure, or solar installations.
Location
State CA
County Fresno
Area 722
Interior
Heating Central Heat/Cool
Cooling Central Heat/Cool
Flooring Concrete Perimeter
Fireplaces Type None
Exterior
Exterior Feature Stucco
Garage Spaces 18.0
Utilities Available Washer/Dryer (s)
Roof Type Tile
Building
Story One
Sewer Public Water, Public Sewer
Water Public Water, Public Sewer
Schools
Elementary Schools Lane
Middle Schools Edison Computech
High Schools Bullard
School District Fresno Unified
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Listed by Brendan Kane • Brendan Kane Real Estate
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935