2067 E. Shaw Avenue, Fresno, CA
Multi-family for Sale - $1,125,000 - 9,888 Sq. Ft. on 14810 acres
Property Info
CIMLS# | 783002 |
Location 2067 E. Shaw Avenue Fresno CA 93710 | |
Updated | April 8th, 2015 |
Type | Multi-family |
Price | $1,125,000 |
Building | 9,888 Sq. Ft. |
Land | 14810 acres |
Property Description
This apartment complex is presently 100% leased to the Pi Kappa Alpha Fraternity "Pikes" for $10,000 per month. The Fresno State chapter of the Pikes have received the international recognition of "Chapter Award of Distinction" for 2013 and the Robert A. Smythe Outstanding Chapter Award. Fraternity members have volunteered more than 13,000 hours of community service and raised nearly $50,000 for various non-profits. The complex is comprised of fourteen (14) - two bedroom / one bathroom units and a meeting room. The two story structure is stucco sided with a flat roof. The complex and its covered parking stalls are fully gated.
Location Description:
Fresno is the economic hub of the central San Joaquin Valley of California and is now the 5th largest city in the state. This area boasts the most productive agricultural land in the nation, producing over $3 billion annually. Fresno's central location lends itself to being a major distribution center which supports many industries as well as a large medical community. Residents of this area enjoy easy access to National parks such as Yosemite and recreational activities in the neighboring National Forests. This offering is across the street from California State University of Fresno that has over 22,000 students and is just up the road from Fashion Fair Mall a regional mall anchored by J.C. Penny's, Macy's, Forever 21 along with numerous eateries and specialty shops.
Highlights:
>> Directly Across The Street From Fresno State University.
>> 100% Leased To Pi Kappa Alpha Fraternity.
>> Excellent Location, Recently Renovated
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Financials
Sales Info:
>> Commision split: 3.0%