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Fulton Village 1759 Fulton St 51 Unit Apartment Building $11,800,000 ($231,373/Unit) 6.46% Cap Rate Fresno, CA 93721



INVESTMENT HIGHLIGHTS
- Mixed Used Community
- 3 Commercial Units
- Solar Panels
- Lash Landcsaping
- BBQ Area
- Not Subject To a Local and State Rent Control
EXECUTIVE SUMMARY
Fulton Village presents a rare opportunity to acquire a mixed-use community in the heart of Fresno’s vibrant Mural District. This three-story project blends residential loft living with ground-floor retail, creating an active environment surrounded by art, culture and walkable conveniences. Each residence is thoughtfully designed with open loft layouts, modern finishes and private balconies that look out toward the lively arts corridor.
The community features 51 residential units made up of a diverse mix of floor plans, including 8-studios, 9-1 x1 bath units, 30- 2 x 1.5 bath units and 1- 2x2 bath unit. The property also includes 3 ground floor retail spaces that enhance the mixed use setting and support consistent foot traffic throughout the day.
Inside the homes, residents enjoy hardwood flooring, stainless steel appliances and in-unit washer and dryer hookups. Select units include attached two-car garages, providing added convenience and a premium feel. The community offers a range of luxury amenities, including a fitness center, controlled access entries, gated parking and solar panels that help lower operating costs.
Its location within the Mural District places residents just steps from art galleries, restaurants, cafes and public transit, making it a highly desirable option for renters seeking an urban lifestyle with modern comforts. Fulton Village stands out as a strong investment for any multifamily buyer looking to add a dynamic, mixed-use asset to their portfolio in one of Fresno’s most energetic and evolving neighborhoods.
The community features 51 residential units made up of a diverse mix of floor plans, including 8-studios, 9-1 x1 bath units, 30- 2 x 1.5 bath units and 1- 2x2 bath unit. The property also includes 3 ground floor retail spaces that enhance the mixed use setting and support consistent foot traffic throughout the day.
Inside the homes, residents enjoy hardwood flooring, stainless steel appliances and in-unit washer and dryer hookups. Select units include attached two-car garages, providing added convenience and a premium feel. The community offers a range of luxury amenities, including a fitness center, controlled access entries, gated parking and solar panels that help lower operating costs.
Its location within the Mural District places residents just steps from art galleries, restaurants, cafes and public transit, making it a highly desirable option for renters seeking an urban lifestyle with modern comforts. Fulton Village stands out as a strong investment for any multifamily buyer looking to add a dynamic, mixed-use asset to their portfolio in one of Fresno’s most energetic and evolving neighborhoods.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- Range
- Tub/Shower
- Walk-In Closets
- Dining Room
- Loft Layout
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Guest Apartment
- Package Service
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 11 | $1,025 | 464 - 548 |
| 1+1 | 9 | $1,238 | 704 - 856 |
| 2+1.5 | 30 | $1,513 | 1,314 - 13,144 |
| 2+2 | 1 | $1,720 | 1,564 |
1 1
Walk Score®
Very Walkable (84)
Bike Score®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 466-192-17 | Improvements Assessment | $8,517,000 (2025) |
| Land Assessment | $663,000 (2025) | Total Assessment | $9,180,000 (2025) |
PROPERTY TAXES
Parcel Number
466-192-17
Land Assessment
$663,000 (2025)
Improvements Assessment
$8,517,000 (2025)
Total Assessment
$9,180,000 (2025)
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Fulton Village | 1759 Fulton St
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