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$3,950,000
Est. payment /mo
72 Beds
40 Baths
32,320 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 32,320 sqft
Price per Sqft $122
MLS Listing ID 648238
Bedrooms 72
Full Baths 40
HOA Y/N No
Year Built 1985
Lot Size 1.400 Acres
Property Sub-Type Multi Family
Property Description
Built in 1985, Coalinga Crossing is a two-story garden-style Class B community consisting of 8 one-bedroom and 32 two-bedroom units across 4 buildings.
The property features both ground-floor and upper-floor units, providing flexibility for a range of renters and is currently 97.5% occupied - just one vacancy ) demonstrating the strength of rental demand in the market.
Multiple units are below the established market rent, providing a new owner a clear, low capital path to increased NOI through natural lease turnover.
The property features both ground-floor and upper-floor units, providing flexibility for a range of renters and is currently 97.5% occupied - just one vacancy ) demonstrating the strength of rental demand in the market.
Multiple units are below the established market rent, providing a new owner a clear, low capital path to increased NOI through natural lease turnover.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool
Fireplaces Type None
Appliance Refrigerator: All Units, Dishwasher: All Units, Disposal: All units, Stove: All units
Exterior
Exterior Feature Balcony
Parking Features Carport, Covered
Community Features Utility Room, On-Site Manager
Utilities Available Public Utilities
Roof Type Composition
Building
Lot Description Suburban
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
High Schools Coalinga-Huron Unifi
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Listed by Visintainer Group
Nearby Locations
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