125 E Dakota Avenue Unit 101, Fresno, CA 93704

$4,250,000
60
BD
30
BA
24,434
SqFt

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List Price
$4,250,000
MLS#
648440
Bedrooms
60
Bathrooms
30
Living Sq. Ft
24,434
Type
Multifamily
Zip
93704
city
Fresno
Status
ACTIVE

Property Description

Compelling value-add opportunityChannel Breeze offers significant upside through interior renovations and operational improvements. Current inplace rents average $1,105, whilemarket rents for similar units in the area are $1,325, presenting a clear path to increased income and asset value. Pro forma analysis projectsstrong rent growth and recapture of loss-to-lease over the next several years.Prime Northwest Fresno LocationLocated in the highly desirable Old Fig Garden submarket, Channel Breeze is surrounded by some of Fresno's most prestigious retail andlifestyle destinations, including Fig Garden Village, River Park, and Fashion Fair Mall. Residents enjoy proximity to top schools, major employers,and abundant dining, shopping, and entertainment options.Park-Like Settings and FeaturesThe property features lush landscaping, mature trees, and open green spaces, creating a tranquil, park-like environment. Residents benefit fromdirect access to walking trails and recreational amenities, enhancing the appeal for quality tenants seeking a peaceful yet connected lifestyle.Excellent Curb AppealSituated near the intersection of Dakota and Palm Avenues, Channel Breeze enjoys high visibility and easy access to major thoroughfares,supporting both leasing velocity and long-term value.

Additional Information

Acres
1.19
Living Area
24,434
Lot Size
51,836
School District
Fresno Unified
Stories
2
Unit
101
Year Built
1984

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Listing courtesy of listing agent with Brendan Kane Real Estate, 559-289-0698.

Based on information from the Fresno Association of REALTORS® as of . 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.


Offer of compensation is made only to Participants of the MLS where the listing is filed.