8541 Deep Street, San Joaquin, CA 93660
  • MLS#: MP24218768 ( Condominium )
  • Street Address: 8541 Deep Street
  • Viewed: 1
  • Price: $6,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2007
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: FRESNO
  • City: San Joaquin
  • Zipcode: 93660
  • Provided by: Concierge Real Estate Services, Inc.
  • Contact: Dylan Dylan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to an incredible investment opportunity featuring 42 fully occupied townhomes in a thriving farming community just 25 minutes from Fresno. The property currently sits at an approximate 6% cap rate, with potential to significantly increase the cap rate by bringing the units up to market rents. These townhomes were built in 2007 and consist of: 22 three bedroom, 2.5 bath units at approximately 1,200 sqft 20 two bedroom, 1.5 bath units at approximately 900 sqft With each unit assigned its own APN for individual resale, this property offers excellent flexibility for investors. All 42 units are occupied, providing a reliable income stream. San Joaquin Townhomes has a waitlist and quickly fills any vacant units, demonstrating strong demand in this market. The property is low maintenance, which can be a significant advantage for investors looking to minimize upkeep costs and management time. The townhomes benefit from city water and sewer, as well as natural gas services. The grounds are well kept, featuring attractive landscaping, a playground, and a basketball hoop, creating a welcoming environment for residents. This location offers a fantastic living option for those working and living in the area, providing a more affordable alternative to Fresno with a short drive. Dont miss your chance to capitalize on this promising investment opportunity! Ask about our assumable Mortgage at 4.8%! APNs
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Features
Additional Parcels Description
  1. See Description
Building Area Total
  1. 44320.00
Commoninterest
  1. Condominium
Common Walls
  1. 2+ Common Walls
Construction Materials
  1. Drywall Walls
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 300.00
Entry Location
  1. From Main street
Fencing
  1. Wood
Foundation Details
  1. Slab
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 0.00
Laundry Features
  1. Inside
Levels
  1. Two
Lot Features
  1. Corner Lot
  2. Cul-De-Sac
  3. Front Yard
  4. Garden
  5. Landscaped
  6. Lawn
  7. Level with Street
  8. Lot Over 40000 Sqft
  9. Yard
Netoperatingincome
  1. 434673.00
Number Of Buildings
  1. 13
Number Of Separate Electric Meters
  1. 45
Number Of Separate Gas Meters
  1. 42
Number Of Separate Water Meters
  1. 45
Parcel Number
  1. 03323423S
Pool Features
  1. None
Postalcodeplus4
  1. 9671
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Condominium
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 425760589:CRM
Totalexpenses
  1. 900.00
Trash Expense
  1. 600.00
Utilities
  1. Electricity Connected
  2. Sewer Connected
  3. Water Connected
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Year Built
  1. 2007
Year Built Source
  1. Estimated