Address: |
view address San Joaquin, CA 93660 Map Location |
Features: | Air Conditioning, Garden, Multi-level |
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Lot Size: | 111472.0 | Year Built: | 2007 |
Property Type: | Condominium | County: | Fresno |
List Date: | 2024-10-22 | Listing Number: | MP24218768 |
Listed By: | Concierge Real Estate Services, Inc. | Listing Office: | 209-628-1407 |
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
Laundry Features: | Inside | Laundry: | Yes |
Cooling features: | Central Air | Heating features: | Central |
Heating: | Yes |
Lot features: | Corner Lot, Front Yard, Garden, Landscaped, Cul-De-Sac | Foundation details: | Slab |
Pool Features: | None |
Fencing: | Wood | Exterior features: | Garden |
Community Features: | Curbs, Park, Sidewalks |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 2007 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 111472.0 |
Building Area total: | 44320.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2025 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.