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Shaw Terrace Apartments 2255-2297 E Shaw Ave

28 Unit Apartment Building $4,400,000 ($157,143/Unit) Fresno, CA 93710

Investment Highlights

  • Comprehensive renovations at Shaw Terrace Apartments included railings, patio enclosures, fences, walkways, and landscaping.
  • Nearby Fresno State University has experienced notable growth in its student population over recent years
  • Shaw Terrace Apartments provides easy access to shopping, entertainment, and freeways, with Fashion Fair Regional Mall, Campus Pointe Shopping Center

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,400,000
Price Per Unit $157,143
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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 28 $1,300 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
430-090-30
Land Assessment
$213,259 (2023)
Improvements Assessment
$1,864,141 (2023)
Total Assessment
$2,077,400 (2023)

zoning

Zoning Code R-3
R-3
  • Listing ID: 32273894

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 2255-2297 E Shaw Ave, Fresno, CA 93710

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