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Shaw Terrace Apartments 2255-2297 E Shaw Ave 28 Unit Apartment Building $5,723,272 CAD ($204,403 CAD/Unit) Fresno, CA 93710
INVESTMENT HIGHLIGHTS
- Prime Cal State Fresno Location
- Upside Potential with Rubs and Storage Income Implementation
- Outstanding Visibility And Excellent Freeway Access
- Value-Add Opportunity
- Potential Student Housing Conversion
EXECUTIVE SUMMARY
Shaw Terrace, located at 2263 East Shaw Avenue, features 28 two-bedroom, one-bathroom units
Shaw Terrace boasts an unparalleled location along a bustling commercial corridor adjacent to California State University, Fresno. This proximity not only attracts students seeking housing within walking distance of campus but also appeals to faculty, staff, and professionals who benefit from convenient access to the university’s academic, cultural, and recreational amenities. Additionally, the surrounding area offers vibrant retail centers, diverse dining options, and efficient public transportation links, enhancing the property’s allure for tenants. With a Walk Score of 82, Shaw Terrace provides the perfect blend of convenience and connectivity in a thriving hub of activity.
Shaw Terrace boasts an unparalleled location along a bustling commercial corridor adjacent to California State University, Fresno. This proximity not only attracts students seeking housing within walking distance of campus but also appeals to faculty, staff, and professionals who benefit from convenient access to the university’s academic, cultural, and recreational amenities. Additionally, the surrounding area offers vibrant retail centers, diverse dining options, and efficient public transportation links, enhancing the property’s allure for tenants. With a Walk Score of 82, Shaw Terrace provides the perfect blend of convenience and connectivity in a thriving hub of activity.
PROPERTY FACTS
| Price | $5,723,272 CAD | Building Class | C |
| Price Per Unit | $204,403 CAD | Lot Size | 1.00 AC |
| Sale Type | Investment | Building Size | 22,400 SF |
| No. Units | 28 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 9.13/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R-3 - Multiple Family Residential | ||
| Price | $5,723,272 CAD |
| Price Per Unit | $204,403 CAD |
| Sale Type | Investment |
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 22,400 SF |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 9.13/1,000 SF |
| Zoning | R-3 - Multiple Family Residential |
AMENITIES
UNIT AMENITIES
- Balcony
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 28 | - | - |
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 430-090-30 | Improvements Assessment | $2,739,087 CAD |
| Land Assessment | $312,645 CAD | Total Assessment | $3,051,732 CAD |
PROPERTY TAXES
Parcel Number
430-090-30
Land Assessment
$312,645 CAD
Improvements Assessment
$2,739,087 CAD
Total Assessment
$3,051,732 CAD
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Shaw Terrace Apartments | 2255-2297 E Shaw Ave
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