3D Realty is pleased to present the exclusive opportunity to acquire Shaw Ave Apartments, a fully occupied, turnkey multi-family building comprising 14 upgraded units. Conveniently located across from Fresno State with excellent proximity to Campus Pointe, (shopping, entertainment, and the Save Mart Center) with easy freeway access perfect for student housing or short-term rentals.Shaw Ave Apartments consist of a total of 14 well-maintained units, 5 units are 2 bedrooms/1 bath and 9 units are 1 bedroom/1 bath with 2 onsite laundry rooms making it convenient for tenants. The AC units, windows and roofs were replaced in 2013 and the parking lot was also repaved in 2013. The exterior has been freshly painted, the rod iron fence surrounding property has been newly painted, sewer lines and electrical panels were recently replaced.. Covered carport parking with a security gate is always a plus. Please see the attached rent roll with scheduled rent increases and P&L report with a proforma.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 14
- Full Bathrooms: 14
Exterior and Lot Features
- Stucco
- Wood
- Yard: Sprinkler - Auto, Fenced, Mature Landcsape
Land Info
- Lot Dimensions Source: SqFt
- Lot Size Acres: 0.6612
- Lot Size Square Feet: 28800
Garage and Parking
- Garage Description: Carport, Covered, Uncovered, One Space per Unit
- Parking Features: Carport, Covered, Uncovered, One Space per Unit
Multi-Unit Info
- Number of Buildings: 6
- Number of Units: 14
Amenities and Community Features
Rental Info
- Income Includes: Unit Rent, Laundry
- Tenant Pays: Electricity, Cable TV
Other Property Info
- City Region: Fresno
- Source Listing Status: Active
- County: Fresno
- Cross Street: E Shaw/N Maple
- Source Property Type: Multi Family
- Area: 710
- Property Subtype: condo
- Source Neighborhood: 710
- Parcel Number: 43009008
- Postal Code Plus 4: 8214
- State Region: Suburban
- Property Subtype: 5 to 15 Units
- Source System Name: C2C
Commercial Info
- Operating Expense Includes: Management, Gardener, Maintenance/Repair, Insurance, Accounting/Legal, License/Ads, Water, Sewer, Taxes, Vacancy Factor
Building and Construction
- Total Square Feet Living: 9296
- Year Built: 1959
- Building Exterior Type: Stucco, Wood
- Levels: One
- Property Age: 65
- Roof: Composition
- Levels or Stories: 1
Utilities
- Gas: Public Utilities
- Sewer: Public Water
- Washer/Dryer (s)