5145 E Lane Avenue Pending Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93727
Key Details
Property Type Multi-Family
Sub Type 16 Units & More
Listing Status Pending
Purchase Type For Sale
Square Footage 816 sqft
Price per Sqft $3,615
MLS Listing ID 617400
Bedrooms 2
Year Built 1988
Lot Size 910 Sqft
Property Description
Northmarq is pleased to announce that it has been retained as the exclusive listing agent for the sale of the La Hacienda Condo Portfolio, a collection of 17 units located within a Condominium Community located in the Sunnyside submarket in Fresno, California. This property provides the right investor an opportunity to acquire a turnkey asset in one of the nation's hottest submarkets.100% OCCUPIED WITH RENTAL UPSIDEThe Portfolio 100% occupied, providing investors an opportunity to enhance yield in the near-term with a slight rental increase and full recovery of loss-to-lease. Currently, there is a in-place loss-to-lease of 3.4%.ATTRACTIVE UNIT MIX OF 2 BEDROOM UNITS WITH WASHER / DRYER HOOKUPS AND AN AVERAGE SQUARE FOOTAGE OF 883 SFThe Portfolio features 10 two bedroom / One Bath units at 819 Square feet, 5 two bedroom two bath units at 912 square feet, 1 three bedroom one bath unit at 1000 square feet and a three bedroom two bath unit at 1,250 square feet. Average size is 883 square feet. The units features in-unit washer / dryers and hookups, garages, patios/balconies and ample storage.LA HACIENDA COMMUNITY FEATURESThere are two sparkling pools, fitness center and controlled access.
Location
State CA
County Fresno
Area 727
Interior
Heating Central Heat/Cool
Cooling Central Heat/Cool
Flooring Concrete Perimeter
Fireplaces Type None
Exterior
Exterior Feature Stucco
Garage Uncovered
Garage Spaces 17.0
Utilities Available Washer/Dryer (s)
Roof Type Composition
Parking Type Uncovered
Building
Story Multi/Split
Sewer Public Water,Public Sewer
Water Public Water,Public Sewer
Schools
Elementary Schools Greenberg
Middle Schools Kings Canyon
High Schools Sunnyside
School District Fresno Unified