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2910 E Huntington Blvd - Barcelona Apartments 22 Unit Apartment Building Offered at $4,392,660 CAD Fresno, CA 93721
Investment Highlights
- EXCELLENT UNIT MIX, SINGLE STORY DESIGN
- WELL MAINTAINED, STABLE TENANT PROFILE
- LONG TERM OWNER, HUGE UPSIDE OPPORTUNITY
Executive Summary
STRATEGIC CENTRAL FRESNO LOCATION
Situated at 2910-2920 E. Huntington Blvd with immediate access to CA-41, CA-168, and CA-180, providing excellent connectivity to regional employment hubs.
ATTRACTIVE ACQUISITION BASIS
Offered at $3,207,000 ($145,773/unit; $150/SF), representing a competitive entry point relative to recent Fresno and Clovis multifamily trades.
STABLE CASH FLOW WITH UPSIDE
Currently 100% occupied with a 6.17% Market Cap Rate and clear "mark-to-market" potential as in-place rents ($1,420 avg) trail market competitors ($1,455+ avg).
LOW-DENSITY RESIDENTIAL PROFILE
A 22-unit community featuring 10 single-story buildings on a 1.38-acre site, offering a quiet, high-demand environment for workforce renters.
VERSATILE UNIT MIX
Includes a functional blend of 1BR, 2BR, and 3BR floor plans with a generous average unit size of 973 SF and the benefit of in-unit laundry hookups.
PROXIMITY TO MAJOR ANCHORS
Located near Fresno State University (24,000+ students), Fresno City College, and the Fashion Fair Mall, ensuring a consistent pipeline of tenant demand.
VALUE-ADD POTENTIAL
Opportunity to drive NOI growth through light-touch interior cosmetic upgrades and standardized management of contract services and utilities.
STRONG SUBMARKET FUNDAMENTALS
Positioned in a supply-constrained rental market with a 98% average submarket occupancy and diverse economic drivers in healthcare and education.
Situated at 2910-2920 E. Huntington Blvd with immediate access to CA-41, CA-168, and CA-180, providing excellent connectivity to regional employment hubs.
ATTRACTIVE ACQUISITION BASIS
Offered at $3,207,000 ($145,773/unit; $150/SF), representing a competitive entry point relative to recent Fresno and Clovis multifamily trades.
STABLE CASH FLOW WITH UPSIDE
Currently 100% occupied with a 6.17% Market Cap Rate and clear "mark-to-market" potential as in-place rents ($1,420 avg) trail market competitors ($1,455+ avg).
LOW-DENSITY RESIDENTIAL PROFILE
A 22-unit community featuring 10 single-story buildings on a 1.38-acre site, offering a quiet, high-demand environment for workforce renters.
VERSATILE UNIT MIX
Includes a functional blend of 1BR, 2BR, and 3BR floor plans with a generous average unit size of 973 SF and the benefit of in-unit laundry hookups.
PROXIMITY TO MAJOR ANCHORS
Located near Fresno State University (24,000+ students), Fresno City College, and the Fashion Fair Mall, ensuring a consistent pipeline of tenant demand.
VALUE-ADD POTENTIAL
Opportunity to drive NOI growth through light-touch interior cosmetic upgrades and standardized management of contract services and utilities.
STRONG SUBMARKET FUNDAMENTALS
Positioned in a supply-constrained rental market with a 98% average submarket occupancy and diverse economic drivers in healthcare and education.
Property Facts
| Price | $4,392,660 CAD | Building Size | 21,406 SF |
| Price Per Unit | $199,666 CAD | Average Occupancy | 100% |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 22 | Year Built/Renovated | 1969/2018 |
| Property Type | Multifamily | Parking Ratio | 1.03/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Lot Size | 1.38 AC |
| Price | $4,392,660 CAD |
| Price Per Unit | $199,666 CAD |
| Sale Type | Investment |
| No. Units | 22 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 1.38 AC |
| Building Size | 21,406 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2018 |
| Parking Ratio | 1.03/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Site Amenities
- Controlled Access
- Laundry Facilities
- Pool
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 468-371-01 | Improvements Assessment | $3,438,725 CAD |
| Land Assessment | $419,131 CAD | Total Assessment | $3,857,857 CAD |
Property Taxes
Parcel Number
468-371-01
Land Assessment
$419,131 CAD
Improvements Assessment
$3,438,725 CAD
Total Assessment
$3,857,857 CAD
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2910 E Huntington Blvd - Barcelona Apartments
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