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$6,400,000
65 Days On Site

8541 Deep Street
San Joaquin, CA 93660

For Sale|Condominium|Active
0
Beds
0
Full Baths
0
Partial Baths
44,320
SqFt
$144
/SqFt
2007
Built
County:
Fresno
Listed by Dylan Shull of Concierge Real Estate Services, Inc. dylan@ownyosemite.com

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

8541 Deep Street8541 Deep Street8541 Deep Street8541 Deep Street
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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. Don’t miss your chance to capitalize on this promising investment opportunity! Ask about our assumable Mortgage at 4.8%! APNs

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Listing Snapshot
Price 
$6,400,000
Days On Site 
65 Days
Bedrooms 
N/A
Inside Area (SqFt) 
44,320 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.559 Acres
Year Built 
2007
MLS® Number 
MP24218768
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
2.559
Foundation 
Slab
Number Of Stories 
2
Property Sub Type 
Condominium
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
44320
Stories 
Two
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Cooling 
Central Air
Heating 
Central
Laundry Features 
Inside
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Exterior Features
Exterior 
Garden
Fencing 
Wood
Lot Features 
Corner LotCul-De-SacFront YardGardenLandscaped
Pool Features 
None
Community Features
Building Access 
From Main street
Community Features 
CurbsParkSidewalks
Financing Terms Available 
CashConventional1031 Exchange


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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