654 Ave, Coalinga

$2,667,000

80 Beds
48 Baths
34,000 Sqft
1.28 Acres
0 Garages

The Elm Tree Estates offer the duality of some short-term upside from increasing rents (when leases turnover) to an already near stable property. Visintainer Group, on behalf of Ownership, is pleased to present the opportunity to acquire this 32-unit multi-family investment. Built in 1985, the property is conveniently located off of Highway 198, just one mile south of Coalinga's main grocery and retail center, featuring strong national tenants including Starbucks, Dollar Tree, McDonald's and Savemart. Opportunistically priced, this multi-family investment is uniquely positioned to attract savvy investors who are competing to find realistic upside within a turn-key property. The highly attractive unit mix showcases 50% 2 Bedroom/1 Bath units and 50% 3 Bedroom/2 Bath.

Essential Information
MLS® #522929
Price$2,667,000
Bedrooms80
Bathrooms48.00
Square Footage34,000
Acres1.28
Year Built1985
TypeMulti Family
Sub-Type11 Units & More
StatusActive
Community Information
Address654 Ave
Area210
CityCoalinga
CountyFresno
StateCA
Zip Code93210
Amenities
AmenitiesCorner
FeaturesSecurity Gate
ParkingCarport, Uncovered
Interior
HeatingCentral Heat/Cool
CoolingCentral Heat/Cool
FireplacesNone
# of Stories2
StoriesTwo Stories
Exterior
ExteriorWood
RoofComp Shingle
School Information
DistrictCoalinga-Huron Unifi
ElementarySunset
MiddleCoalinga
HighCoalinga
Additional Information
Date ListedFebruary 4th, 2019
Days on Market71
Listing Details
AgentBrett Visintainer
OfficeVisintainer Group
Property History
Price Reduced from $2,907,000 to $2,667,000

Data last updated: May 22nd, 2019 at 8:14am CDT and updating occurs up to every 15 minutes

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