Highlights

• SOLID RENTAL HISTORY
• ASSUMABLE LOAN WITH BELOW MARKET INTEREST FIXED RATE
• SINGLE LEVEL

• EXCELLENT CONDITION
• NORTHEAST FRESNO

Description

*** DO NOT VISIT PROPERTY WITHOUT AGENT*** Vintage Court has a long history of good management, stable tenancy and excellent demand. Located in Northeast Fresno, it is close to shopping, freeways, Fresno Yosemite Airport and local schools. Built in 1977, all the units are single level, a strong draw for tenants. The roof is flat (AC Wells) with composition mansards. Exteriors are stucco. Each unit has an assigned covered parking space. Several units have patios. All units have dishwashers, ovens, ranges and frost free refrigerators. The unit mix consists of (19) Studios at 400 square feet, (28) 1 Bedroom / 1 Bath units at 530 square feet, (7) 2 Bedroom / 1 Bath units at 730 square feet and (1) 3 Bedroom / 1 Bath unit at 1,000 square feet. The project totals 28,550 net rentable square feet and is located on approximately 2.78 acres. Site amenities include a gated entrance, community laundry rooms, mature landscaping and a swimming pool. All of the units have individual heating and cooling as well as being separately metered.

Fresno is the rapidly growing Regional Center of the Central Valley, now larger than Oakland and Sacramento. The City of Fresno is the geographic center of the State of California, located 196 miles southeast of San Francisco and 214 miles north of Los Angeles. Located in the heart of the San Joaquin Valley, the richest and most productive agricultural region in the world, 2006 census figues reflect a population in excess of 560,000 in the Fresno metropolitan area and nearly 900,000 in Fresno County.