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2118 N Glenn Ave
Fresno, CA 93704

$595,000 USD

Apartments For Sale  •  3,900 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,900 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1966
  • Cap Rate 5.28 %
  • Zoning R-3
47 Transit Score
78 Walk Score

Highlights

Value Add 5 Unit Complex w/ Separate Meters
Upside Potential: 8.72% CAP Rate & $92K In Rents
100% Occupied | Rent Ready | (5) 2 Bed/1 Bath
Private Parking On Site | On Site Laundry | Corner Location
Easy Access On and Off HWY CA-41
Additional Side Parking and Plenty of Street Parking

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $65,395 USD (2024)
Cap Rate: 5.28 %
Total Expenses: $21,815 USD

Amenities

  • Air Conditioning
  • Fenced Lot
  • Laundry Facilities
  • Ceiling Fans

Public Transportation

Commuter RailDriveWalkDistance
Fresno (San Joaquins - Amtrak) 6 min - 2.9 mi
AirportDriveWalkDistance
Fresno Yosemite International 8 min - 4.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Covered
Included in Rent: Yes
Jared Ennis 559-705-1000 Central CA Commercial
Jared Ennis 559-705-1000 Central CA Commercial