628 S Sierra Vista Ave
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628 S Sierra Vista Ave
5 Unit Apartment Building $699,999 ($140,000/Unit) 8.66% Cap Rate Fresno, CA 93702
Executive Summary
This 5-plex is a great investment and is priced accordingly with it's current condition.
Most units need work, tenants are all on month to month leases.
Depending on interest, will have scheduled days to view the units, as there are 5 tenants to coordinate with.
All units 2 bed 1 bath with exception of 1 unit that is 1 bed 1 bath.
There is a laundry area in which more income is generated via a third party.
Call for any questions, documentation like, lease agreements, disclosures, and any other information available upon request.
Please call Gio- 408.665.9378 for any questions.
DO NOT GO DIRECTLY! Thanks!
Most units need work, tenants are all on month to month leases.
Depending on interest, will have scheduled days to view the units, as there are 5 tenants to coordinate with.
All units 2 bed 1 bath with exception of 1 unit that is 1 bed 1 bath.
There is a laundry area in which more income is generated via a third party.
Call for any questions, documentation like, lease agreements, disclosures, and any other information available upon request.
Please call Gio- 408.665.9378 for any questions.
DO NOT GO DIRECTLY! Thanks!
Property Facts
| Price | $699,999 | Apartment Style | Low Rise |
| Price Per Unit | $140,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 8.66% | Building Size | 4,112 SF |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| Gross Rent Multiplier | 11.5 | Year Built | 1985 |
| No. Units | 5 | Parking Ratio | 1.55/1,000 SF |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | $699,999 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| Cap Rate | 8.66% |
| Sale Conditions | 1031 Exchange |
| Gross Rent Multiplier | 11.5 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,112 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.55/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
| Parcel Number | 461-293-34 | Improvements Assessment | $219,720 |
| Land Assessment | $25,511 | Total Assessment | $245,231 |
PROPERTY TAXES
Parcel Number
461-293-34
Land Assessment
$25,511
Improvements Assessment
$219,720
Total Assessment
$245,231
zoning
| Zoning Code | R-3 |
| R-3 |
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628 S Sierra Vista Ave
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