Description
Rare chance to acquire a cash-flowing 10-unit property with an adjacent vacant lot and city-approved plans to build 5 additional units. Property is currently fully rented with rents under market and clear upside through rent growth and future development.
The included entitled lot allows for immediate expansion, with projected post-buildout income exceeding $200k+, creating a strong long-term value-add opportunity. Located in a high-demand rental corridor with low vacancy and low ongoing maintenance.
Seller will consider seller financing with terms more favorable than conventional bank financing. A substantial down payment is required. This structure may provide qualified buyers added flexibility and improved cash flow compared to traditional lending.
Ideal for 1031 exchange buyers, value-add investors, or developers seeking current income with scalable upside.
The included entitled lot allows for immediate expansion, with projected post-buildout income exceeding $200k+, creating a strong long-term value-add opportunity. Located in a high-demand rental corridor with low vacancy and low ongoing maintenance.
Seller will consider seller financing with terms more favorable than conventional bank financing. A substantial down payment is required. This structure may provide qualified buyers added flexibility and improved cash flow compared to traditional lending.
Ideal for 1031 exchange buyers, value-add investors, or developers seeking current income with scalable upside.
Location
Similar Listings
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing Information provided courtesy of the Fresno MLS/Association of Realtors. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 22nd April, 2026 11:58 PM (UTC)
Listing Agent:
Listing Office: The JKRE Investment Group
