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Channel Breeze Apartments 125 E Dakota Ave 30 Unit Apartment Building $5,813,320 CAD ($193,777 CAD/Unit) Fresno, CA 93704



Investment Highlights
- COMPELLING VALUE ADD OPPORTUNITY
- LONG TERM OWNER, STABLE TENANCY
- PRIME NORTHWEST FRESNO LOCATION
Executive Summary
COMPELLING VALUE-ADD OPPORTUNITY
Channel Breeze offers significant upside through interior renovations and operational improvements. Current inplace rents average $1,105, while market rents for similar units in the area are $1,325, presenting a clear path to increased income and asset value. Pro forma analysis projects strong rent growth and recapture of loss-to-lease over the next
several years.
PRIME NORTHWEST FRESNO LOCATION
Located in the highly desirable Old Fig Garden submarket, Channel Breeze is surrounded by some of Fresno’s most prestigious retail and lifestyle destinations, including Fig Garden Village, River Park, and Fashion Fair Mall. Residents enjoy proximity to top schools, major employers, and abundant dining, shopping, and entertainment options.
PARK-LIKE SETTING WITH LIFESTYLE AMENITIES
The property features lush landscaping, mature trees, and open green spaces, creating a tranquil, park-like environment. Residents benefit from direct access to walking trails and recreational amenities, enhancing the appeal for quality tenants seeking a peaceful yet connected lifestyle.
EXCELLENT CURB APPEAL AND VISIBILITY
Situated near the intersection of Dakota and Palm Avenues, Channel Breeze enjoys high visibility and easy access to major thoroughfares, supporting both leasing velocity and long-term value.
STRONG HISTORICAL OCCUPANCY AND TENANT PROFILE
The property has demonstrated stable occupancy and attracts quality tenants, supported by its gated entrance and secure environment.
DYNAMIC FRESNO MARKET FUNDAMENTALS
Fresno is a vibrant, growing city with a diverse economy, strong population growth, and a median household income of $62,021 within five miles of the property. The city’s ongoing infrastructure investments—including the transformative highspeed rail station—are expected to drive further economic and population growth.
Channel Breeze offers significant upside through interior renovations and operational improvements. Current inplace rents average $1,105, while market rents for similar units in the area are $1,325, presenting a clear path to increased income and asset value. Pro forma analysis projects strong rent growth and recapture of loss-to-lease over the next
several years.
PRIME NORTHWEST FRESNO LOCATION
Located in the highly desirable Old Fig Garden submarket, Channel Breeze is surrounded by some of Fresno’s most prestigious retail and lifestyle destinations, including Fig Garden Village, River Park, and Fashion Fair Mall. Residents enjoy proximity to top schools, major employers, and abundant dining, shopping, and entertainment options.
PARK-LIKE SETTING WITH LIFESTYLE AMENITIES
The property features lush landscaping, mature trees, and open green spaces, creating a tranquil, park-like environment. Residents benefit from direct access to walking trails and recreational amenities, enhancing the appeal for quality tenants seeking a peaceful yet connected lifestyle.
EXCELLENT CURB APPEAL AND VISIBILITY
Situated near the intersection of Dakota and Palm Avenues, Channel Breeze enjoys high visibility and easy access to major thoroughfares, supporting both leasing velocity and long-term value.
STRONG HISTORICAL OCCUPANCY AND TENANT PROFILE
The property has demonstrated stable occupancy and attracts quality tenants, supported by its gated entrance and secure environment.
DYNAMIC FRESNO MARKET FUNDAMENTALS
Fresno is a vibrant, growing city with a diverse economy, strong population growth, and a median household income of $62,021 within five miles of the property. The city’s ongoing infrastructure investments—including the transformative highspeed rail station—are expected to drive further economic and population growth.
Property Facts
| Price | $5,813,320 CAD | Building Class | C |
| Price Per Unit | $193,777 CAD | Lot Size | 1.18 AC |
| Sale Type | Investment | Building Size | 24,434 SF |
| No. Units | 30 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1984/2025 |
| Apartment Style | Garden | Parking Ratio | 1.37/1,000 SF |
| Zoning | R3, County | ||
| Price | $5,813,320 CAD |
| Price Per Unit | $193,777 CAD |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 24,434 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1984/2025 |
| Parking Ratio | 1.37/1,000 SF |
| Zoning | R3, County |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 30 | $1,812 CAD | 800 - 825 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 434-223-12 | Improvements Assessment | $963,503 CAD |
| Land Assessment | $219,883 CAD | Total Assessment | $1,183,386 CAD |
Property Taxes
Parcel Number
434-223-12
Land Assessment
$219,883 CAD
Improvements Assessment
$963,503 CAD
Total Assessment
$1,183,386 CAD
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Channel Breeze Apartments | 125 E Dakota Ave
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