For Sale
$824,950

710 J St Sanger, CA 93657

Four-unit apartment building, high occupancy.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional investment opportunity presents a well-maintained four-unit apartment building situated in downtown Sanger, California. The property, identified by APN 320-141-10, consists of two one-story duplex buildings totaling 3,960 square feet on a substantial 15,000 square foot lot. Each of the four units offers two bedrooms and one bathroom, complete with a single-car garage and convenient in-unit laundry facilities. Garage access is provided via an alley. A central courtyard separates the two buildings, enhancing the property's aesthetic appeal. Currently boasting 100% occupancy, the property generates a substantial net operating income (NOI) of $30,475, representing a 3.69% cap rate. The asking price is $824,950, translating to $206,237.50 per unit and $208.32 per square foot. Built in 1981, the property is zoned RM3 and shows clear evidence of pride of ownership. This is a rare opportunity to acquire a stable, high-performing multifamily asset in a desirable location. The property's size and layout offer potential for future value appreciation and strong cash flow.

Highlights

  • $824,950 asking price for this four-unit apartment building.
  • Multifamily investment opportunity in Sanger, CA, with a 3.69% cap rate.
  • Four units, each a 2-bedroom, 1-bathroom apartment with a single-car garage and in-unit laundry.
  • Located on a large 15,000 sq ft lot with alley access to garages and a courtyard between the two duplex buildings.
  • Excellent condition, showing pride of ownership; 100% occupancy with a Net Operating Income (NOI) of $30,475.
  • 3,960 square feet total, priced at $208.32 per square foot and $206,237.50 per unit.

Property Details for 710 J St

Property type
Apartment buildings
Square Feet
3,960 SF
Class
B
Year Built
1981
Buildings
2
Stories
1
Units
4

Location Insight

City
Sanger
County
Fresno
State
California
Latitude
36.7066168
Longitude
-119.5512501

FAQs

What type of property is this?
Apartment building - Four-unit apartment building, high occupancy.
Where is the apartment building located?
The property is located at 710 J St Sanger, CA.
What is the asking price?
The asking price for this property is $824,950.
What are key features of this property?
This property features: $824,950 asking price for this four-unit apartment building.; Multifamily investment opportunity in Sanger, CA, with a 3.69% cap rate.; Four units, each a 2-bedroom, 1-bathroom apartment with a single-car garage and in-unit laundry.
How can I contact the broker?
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710 J St
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