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The Lofts at Stadium Square 1577 E Bulldog Ln 232 Unit Apartment Building For Sale Fresno, CA 93710
INVESTMENT HIGHLIGHTS
- ATTRACTIVE ASSUMABLE 3.94% LOAN WITH POSSIBLE SUPPLEMENTAL
- DYNAMIC CENTRAL VALLEY MARKET
- EXCELLENT NORTHEAST FRESNO INFILL LOCATION
- EXCELLENT UNIT MIX WITH WASHER, DRYERS
EXECUTIVE SUMMARY
Northmarq is pleased to present Lofts at Stadium Square, a 232 Unit Community located in Northeast Fresno. The unit mix is excellent with forty-eight (48) one bedroom one bath units at 800 square feet, sixty-eight (68) two bedroom, one bath units at 890 square feet and one hundred sixteen (116) two bedroom, two bath units at 1,000 square feet. The majority of the units have been upgraded with appliances, countertops, flooring light and plumbing fixtures and window coverings. Each unit has washer/dryers, patios or balconies, ceiling fans and large closets The Lofts at Stadium Square has controlled entry/exit, a sparkling pool and spacious deck areas. There is a business center, study room, game room, fitness center and a package receiving room.
There is an assumable loan at 3.94% FNMA loan that runs until 2032. It is possible a qualifed investor can generate a supplemental loan which would enhance leverage opportunities.
The Lofts at Stadium Square is located in the strong submarket of Northeast Fresno, adjacent to California State University. Being an infill location, an investor can enjoy pricing power without fear of new supply nearby.
There is also a recorded condominium map as well as being located in an Opportunity Zone.
There is an assumable loan at 3.94% FNMA loan that runs until 2032. It is possible a qualifed investor can generate a supplemental loan which would enhance leverage opportunities.
The Lofts at Stadium Square is located in the strong submarket of Northeast Fresno, adjacent to California State University. Being an infill location, an investor can enjoy pricing power without fear of new supply nearby.
There is also a recorded condominium map as well as being located in an Opportunity Zone.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 214,030 SF |
| No. Units | 232 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1974/2024 |
| Apartment Style | Garden | Parking Ratio | 1.47/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 10.93 AC | ||
| Zoning | R-4 | ||
| Sale Type | Investment |
| No. Units | 232 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.93 AC |
| Building Size | 214,030 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1974/2024 |
| Parking Ratio | 1.47/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Ceiling Fans
- High Speed Internet Access
- Refrigerator
- Range
- Walk-In Closets
- Carpet
- Wi-Fi
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Pool
- Spa
- Tenant Controlled HVAC
- Furnished Units Available
- Gameroom
- Grill
- Roommate Matching
- Study Lounge
- Walk To Campus
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 48 | $1,333 | 800 |
| 2+1 | 68 | $1,445 | 890 |
| 2+2 | 116 | $1,524 | 1,000 |
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Bike Score®
Very Bikeable (71)
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The Lofts at Stadium Square | 1577 E Bulldog Ln
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