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5860 W Santa Ana Avenue , #101

Fresno, CA 93722
  • $12,900,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: 612015
UPDATED: 112 min ago
$12,900,000
  • 48
    BEDS
  • 0.37
    ACRES
  • 50
    BATHS
  • 0
    1/2 BATHS
  • 4,720
    SQFT
  • $2,733
    $/SQFT
Neighborhood:
722
Type:
Multi-Family
Built:
2022
County:
Area:
722

School Information

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

Description

20 existing townhouses with approximately 6.61 acres of fully entitled, construction ready land with some onsite improvements (water, sewer, storm and utilities stubbed to all phases) completed and plans for an additional 82 units with multiple APN numbers providing flexibility to sell individual parcels and realize the highest per unit pricing. There are 7 existing buildings comprised of four (4) duplexes and three (3) fourplexes. This is a unique opportunity for a buyer to purchase income producing units and 82 ready to be built units on Phases 2-5 (15 duplexes and 13 fourplexes). An additional 1.6 acres of land is included in the offering to gain access to Shaw Ave. There are a total of 19 duplex buildings and 16 fourplex buildings and 34 parcels.Property Location:The property is conveniently located just south of Shaw and west of Freeway 99 offering easy commuter access and is close to restaurants and shopping along west Shaw Ave or the El Paseo shopping center via Veterans Boulevard.Address: 5860-5870 W. Santa Ana Ave, Fresno CA 93722Exiting 20 Townhouses - 100% Leased- Averages $45,000/mo gross income4 Duplex Buildings all 3 bedroom and 2.5 bathrooms- 1,180 SF3 Fourplex Buildings all 2 bedrooms and 2.5 bathrooms - Type A: 1,062 SF (2 per building)- Type B: 1,018 SF (2 per building)

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© 2024 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: 2024-07-20T12:46:38.707.
www.yourfresnorealty.com/homes/150281464
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5860 W Santa Ana Avenue , #101 Fresno, CA 93722

  • Price: $12,900,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 112 min ago
  • ID#: 612015
48
Beds
50
Baths
0
½ Baths
0.37
Acres
4,720
SQFT
$2,733
$/SQFT
2022
Built
Neighborhood:
722
County:
Fresno
Area:
722
Elementary School:
Harvest
Middle School:
Glacier Point
High School:
Justin Garza High
School District:
Central Unified
Property Description
20 existing townhouses with approximately 6.61 acres of fully entitled, construction ready land with some onsite improvements (water, sewer, storm and utilities stubbed to all phases) completed and plans for an additional 82 units with multiple APN numbers providing flexibility to sell individual parcels and realize the highest per unit pricing. There are 7 existing buildings comprised of four (4) duplexes and three (3) fourplexes. This is a unique opportunity for a buyer to purchase income producing units and 82 ready to be built units on Phases 2-5 (15 duplexes and 13 fourplexes). An additional 1.6 acres of land is included in the offering to gain access to Shaw Ave. There are a total of 19 duplex buildings and 16 fourplex buildings and 34 parcels.Property Location:The property is conveniently located just south of Shaw and west of Freeway 99 offering easy commuter access and is close to restaurants and shopping along west Shaw Ave or the El Paseo shopping center via Veterans Boulevard.Address: 5860-5870 W. Santa Ana Ave, Fresno CA 93722Exiting 20 Townhouses - 100% Leased- Averages $45,000/mo gross income4 Duplex Buildings all 3 bedroom and 2.5 bathrooms- 1,180 SF3 Fourplex Buildings all 2 bedrooms and 2.5 bathrooms - Type A: 1,062 SF (2 per building)- Type B: 1,018 SF (2 per building)
Exterior Features

Exterior Stucco Region Suburban Roofing Composition

Interior Features

Fireplace None Floor Concrete Perimeter Heating And Cooling Central Heat/Cool Stories Two

Property Features

Annual Expense 127140.00 Annual Income 540000.00 Cross Street Address Hayes Expenses Include ManagementGardenerMaintenance/RepairInsuranceWaterSewerTaxes Gas And Electric Public Utilities Income Includes Unit Rent Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 412860.00 Property Subtype1 16 Units & More Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Square Footage Source Tax Records Tenant Pays Electricity Transaction Type Sale

Listing provided courtesy of Derek Feramisco of RC Commercial: bob.wiginton@gmail.com;559-448-1500.


© 2024 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: 2024-07-20T12:46:38.707.
 
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