Sunset Sands 4585 E McKinley Ave Immeuble residentiel 96 lots 10 219 740 € (106 456 €/Lot) Taux de capitalisation 6,60 % Fresno, CA 93703

** PRICE REDUCTION!**
OPPORTUNITY FOR REPOSITIONING NEWLY REBUILT UNITS
Twelve 12 Units have been rebuilt and are ready to be
brought to market testing new rent levels. These units are
fire sprinklered and have the latest amenities and features.
EXCELLENT NORTHEAST FRESNO LOCATION
Sunset Sands is south of the Shaw Avenue Retail Corridor,
home to Costco, Target, Super Walmart and Fashion Fair
Regional Mall as well as many other stores and restaurants.
EXCELLENT CURB EXPOSURE
Sunset Sands has the benefit of being located on two major
arterials, McKinley and Maple Avenues, as well as excellent
visibility off of Freeway 168.
LONG TERM OWNERSHIP
Sunset Sands enjoys a stable occupancy with excellent
tenants. The Owner has a history of strong management in
place with an eye to address any maintenance needed. This
offers a savvy long-term investor the opportunity to purchase
a stable asset in East Central Fresno
MAJOR IMPROVEMENTS TO LOWER INSURANCE COSTS
The Owner has replaced ALL of the electrical panels, both
for the individual as well as the master panels. In addition,
more than a third of the units are fire sprinklered.
BELOW MARKET RENTS
The market rents at Sunset Sands are $1.62 per square-foot.
Our Rent Survey reveals at least another 10 cents per square
feet is available with no additional upgrades.