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7089 N Howard St 5 Unit Apartment Building $1,250,000 ($250,000/Unit) 5.05% Cap Rate Fresno, CA 93720
Investment Highlights
- 100% Two-Bedroom/One Bathroom Units
- Turnkey Asset in a Fantastic Northeast Fresno Location
- Close to Shopping, Restaurants, Hospitals, Parks, Schools, Etc.
- All the Units Have Been Remodeled (Vinyl Plank Flooring, Granite Countertops, Lighting Fixtures, Blinds and Base Boards)
- Single-Story Construction
- Very Low Maintenance Building Located in a Very Strong Rental Area
Property Facts
| Price | $1,250,000 | Lot Size | 0.33 AC |
| Price Per Unit | $250,000 | Building Size | 5,600 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.05% | No. Stories | 1 |
| No. Units | 5 | Year Built | 1978 |
| Property Type | Multifamily | Tenancy | Single |
| Property Subtype | Apartment | Parking Ratio | 2.53/1,000 SF |
| Building Class | C | ||
| Zoning | C-P | ||
| Price | $1,250,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 5.05% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 5,600 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | C-P |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Property Taxes
| Parcel Number | 303-170-68 | Improvements Assessment | $468,716 |
| Land Assessment | $174,263 | Total Assessment | $642,979 |
Property Taxes
Parcel Number
303-170-68
Land Assessment
$174,263
Improvements Assessment
$468,716
Total Assessment
$642,979
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7089 N Howard St
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