|Price/Rent PSF||$ 995,000.00|
These parcels are located just off Highway 99 and 41 - north of E Jensen Avenue, east of SMLK Jr. Blvd., south of E Church Avenue and W of S Elm Street in Fresno, California.
Tract 5786 consists of two parcels totaling ±10.18 Acres (±443,441 SF) with tentative map good for 120 multifamily apartment units. Parcels are located in a fantastic area for residential and multi-family housing due to the close proximity to many surrounding schools. Offers many nearby commercial amenities, as well as a neighboring planned development of additional apartment units. Project consists of (23) freestanding buildings with three different building types to produce (52) 2-bedroom units, (48) 3-bedroom units, and (20) 4-bedroom units. The project provides ample parking with 1 1/2 cars per unit (188 spaces), 146,892 SF of open space, of which 49,329 SF has active open space, 20' setbacks, and plans for a quality rod iron fence.