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2702-2720 E Hedges Ave
Fresno, CA 93703 McLane

$1,399,000 USD

Apartments For Sale  •  7,774 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,774 SF
  • Lot Size 0.96 AC
  • Building Class C
  • Year Built 1942
  • Cap Rate 6.88 %
  • Zoning RM1
46 Transit Score
69 Walk Score

Highlights

Qualifies for housing assistance programs such as Section 8
Strong cash flow potential and a solid foundation for investors seeking portfolio growth
Centrally located in Fresno and in close proximity to Freeways 41 and 180
Seller will consider seller financing with significant down payment
Property comes with an adjacent vacant lot, providing opportunity to develop and increase cash flow
Turnkey condition

Property Flyers

Cap Rate: 6.88 %

Amenities

  • Fenced Lot

Public Transportation

Commuter RailDriveWalkDistance
Fresno (San Joaquins - Amtrak) 4 min - 1.9 mi
AirportDriveWalkDistance
Fresno Yosemite International 9 min - 4.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Jeffrey Kim 760-987-5332 Colliers
Jeffrey Kim 760-987-5332 Colliers