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3442 W University Ave 6 Unit Apartment Building $1,675,104 CAD ($279,184 CAD/Unit) Fresno, CA 93722
INVESTMENT HIGHLIGHTS
- GROWING AREA WITH NEW HOMES, SHOPPING, SCHOOLS
- SINGLE STORY, PITCHED COMP ROOFS
- MAJOR RENOVATION COMPLETED
EXECUTIVE SUMMARY
Northmarq is pleased to provide a unique opportunity to acquire six units in the dynamic market of Fresno in the Central Valley. The unit mix is six – two bed, one bath units at 750 for a total of 4,500 net rentable square feet.
Built in 1955, University has undergone major renovations over the last couple of years including new roofs, siding, windows and heating/cooling systems
Features include gated entrance, covered parking, HVAC and pitched composition roofs.
Located on University Avenue, the property enjoys proximity to Freeway 99.
Built in 1955, University has undergone major renovations over the last couple of years including new roofs, siding, windows and heating/cooling systems
Features include gated entrance, covered parking, HVAC and pitched composition roofs.
Located on University Avenue, the property enjoys proximity to Freeway 99.
PROPERTY FACTS
| Price | $1,675,104 CAD | Building Class | C |
| Price Per Unit | $279,184 CAD | Lot Size | 0.37 AC |
| Sale Type | Investment | Building Size | 7,784 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1955/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RR - Apartments | ||
| Price | $1,675,104 CAD |
| Price Per Unit | $279,184 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.37 AC |
| Building Size | 7,784 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2023 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | RR - Apartments |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Gated
- Smoke Free
- Walking/Biking Trails
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | 750 |
1 1
PROPERTY TAXES
| Parcel Number | 442-270-08 | Improvements Assessment | $656,324 CAD |
| Land Assessment | $106,842 CAD | Total Assessment | $763,166 CAD |
PROPERTY TAXES
Parcel Number
442-270-08
Land Assessment
$106,842 CAD
Improvements Assessment
$656,324 CAD
Total Assessment
$763,166 CAD
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3442 W University Ave
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