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6075 N Poplar Ave 5 Unit Apartment Building $1,049,000 ($209,800/Unit) 5.82% Cap Rate Fresno, CA 93704
Investment Highlights
- Located in the desirable Bullard neighborhood of North Fresno
- Upgraded electrical system
- Dedicated covered carport space for each unit
- Recently replaced roof
- On-site laundry room providing supplemental income
- Professionally managed by Chambers Property Management
Executive Summary
Colliers is pleased to present the exclusive listing of 6075 N. Poplar Ave, a five-unit multifamily asset in the desirable Bullard neighborhood of North Fresno. Clean, well maintained, and professionally managed, the property pairs dependable income with recent capital improvements already in place, making it an ideal opportunity for an investor seeking limited operational oversight in one of Fresno's most sought after residential submarkets.
Property Facts
| Price | $1,049,000 | Apartment Style | Low-Rise |
| Price Per Unit | $209,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 5.82% | Building Size | 5,586 SF |
| Gross Rent Multiplier | 11.27 | Average Occupancy | 97% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.2/1,000 SF |
| Zoning | R2 - Residential | ||
| Price | $1,049,000 |
| Price Per Unit | $209,800 |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| Gross Rent Multiplier | 11.27 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,586 SF |
| Average Occupancy | 97% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | R2 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Tile Floors
- Kitchen
- Oven
Site Amenities
- Laundry Facilities
- Gas Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 1,100 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 407-391-10 | Improvements Assessment | $520,944 |
| Land Assessment | $80,312 | Total Assessment | $601,256 |
Property Taxes
Parcel Number
407-391-10
Land Assessment
$80,312
Improvements Assessment
$520,944
Total Assessment
$601,256
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6075 N Poplar Ave