Description

Prime 16-unit multifamily investment with significant value-add potential in the heart of Fresno. The property features 16 two-bedroom, one-bath apartments, each approximately 765 sq. ft. 11 of 16 units have been remodeled, providing modernized interiors and reduced capital needs for new ownership. Every unit includes designated parking and on-site coin-operated laundry facilities generate additional income while offering convenience for tenants. With vacancies ready to be leased at prevailing market rates, investors have the opportunity to immediately increase cash flow and stabilize the property for stronger returns. Strategically located near Fresno State University, Fresno Community College, California Health Sciences University, and Community Regional Medical Center, the property benefits from a diverse and steady tenant base of students, professionals, and families. Major employers such as Amazon, Fresno Unified School District, the IRS, and multiple city, state, and county offices further support strong rental demand and minimize vacancy risk. With its prime location, desirable unit mix and clear path for income growth, this offering presents investors with both near-term cash flow upside and long-term appreciation in the growing Fresno market.