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4518 E Fountain Way Way

Fresno, CA 93726
  • $8,200,000
  • STATUS: Active
  • ON SITE: 52 Days
  • ID#: 588451
UPDATED: 40 min ago
$8,200,000
  • 58
    BEDS
  • 2.12
    ACRES
  • 57
    BATHS
  • 0
    1/2 BATHS
  • 23,440
    SQFT
  • $350
    $/SQFT
Neighborhood:
726
Type:
Multi-Family
Built:
1973
County:
Area:
726

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Owner just completed $2+mm in renovations. Gated 57 unit complex in a great location with easy freeway access. Unit mix are one 2/2 and 56 studios with covered carports. Renovations include roofing, HVAC, windows, paint, upgraded kitchens, bathrooms, flooring, LED lights, plumbing fixtures, appliances, wrought iron fencing with power gate, parking lot asphalt, and much more. Onsite laundry. Room for rent increases. Do not walk grounds or disturb residents. Seller will guarantee the rents for any vacant units not rented prior to the close of escrow, for up to 6 months after the close of escrow based on rents of $1150. per unit. Submit offers subject to walk through inspections. For financed offers please attach pre-approval letter, VOF to close and copy of EMD. Cash offers please submit VOF to close and copy of EMD. Buyer to verify income and expenses provided by property management. Seller is related to the agent.

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© 2023 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-02-04T09:46:35.833.
www.yourfresnorealty.com/homes/135399446
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4518 E Fountain Way Way Fresno, CA 93726

  • Price: $8,200,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 40 min ago
  • ID#: 588451
58
Beds
57
Baths
0
½ Baths
2.12
Acres
23,440
SQFT
$350
$/SQFT
1973
Built
Neighborhood:
726
County:
Fresno
Area:
726
Elementary School:
Norseman
Middle School:
Scandinavian
High School:
Mclane
School District:
Fresno Unified
Property Description
Owner just completed $2+mm in renovations. Gated 57 unit complex in a great location with easy freeway access. Unit mix are one 2/2 and 56 studios with covered carports. Renovations include roofing, HVAC, windows, paint, upgraded kitchens, bathrooms, flooring, LED lights, plumbing fixtures, appliances, wrought iron fencing with power gate, parking lot asphalt, and much more. Onsite laundry. Room for rent increases. Do not walk grounds or disturb residents. Seller will guarantee the rents for any vacant units not rented prior to the close of escrow, for up to 6 months after the close of escrow based on rents of $1150. per unit. Submit offers subject to walk through inspections. For financed offers please attach pre-approval letter, VOF to close and copy of EMD. Cash offers please submit VOF to close and copy of EMD. Buyer to verify income and expenses provided by property management. Seller is related to the agent.
Exterior Features

Exterior StuccoWood Parking CarportCoveredUncoveredOne Space Per Unit Region Suburban Roofing Composition Yard Sprinkler - FrontSprinkler - BackSprinkler - AutoFencedMature Landcsape

Interior Features

Dishwasher All Units Disposal All Units Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Refrigerator All Units Stories Two Stove All Units

Property Features

Annual Expense 0.00 Annual Income 0.00 Cross Street Address N Hayston Disclosures Agent/Owner Related Expenses Include ManagementGardenerElectric Gas And Electric Public Utilities Income Includes Unit RentLaundry Lease Type Net Lot Measurement Sqft Lot Size Source (Tax Records) Net Income 0.00 Property Subtype1 16 Units & More Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Special Features On-Site Manager Square Footage Source Tax Records Tenant Pays ElectricityCable Tv Terms ConventionalCash Transaction Type Sale

Listing provided courtesy of Angelica Camberos of Realty Source: scott@gorealtysource.com;619-258-1000.


© 2023 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2023-02-04T09:46:35.833.
 
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