Welcome to an incredible investment opportunity featuring 42 fully occupied townhomes in a thriving farming community just 25 minutes from Fresno. The property currently sits at an approximate 6% cap rate, with potential to significantly increase the cap rate by bringing the units up to market rents. These townhomes were built in 2007 and consist of: - 22 three-bedroom, 2.5-bath units at approximately 1,200 sqft - 20 two-bedroom, 1.5-bath units at approximately 900 sqft With each unit assigned its own APN for individual resale, this property offers excellent flexibility for investors. All 42 units are occupied, providing a reliable income stream. San Joaquin Townhomes has a waitlist and quickly fills any vacant units, demonstrating strong demand in this market. The property is low maintenance, which can be a significant advantage for investors looking to minimize upkeep costs and management time. The townhomes benefit from city water and sewer, as well as natural gas services. The grounds are well kept, featuring attractive landscaping, a playground, and a basketball hoop, creating a welcoming environment for residents. This location offers a fantastic living option for those working and living in the area, providing a more affordable alternative to Fresno with a short drive. Don’t miss your chance to capitalize on this promising investment opportunity! Ask about our assumable Mortgage at 4.8%! APNs
Property Details
Property Features
Property Information:
Year Built: 2007
Stories: 2
Listing Office:
Office Name: Concierge Real Estate Services, Inc.
Office Phone: (209) 628-1407
Listing Agent: Dylan Shull
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot: Corner Lot, Cul-De-Sac, Front Yard, Garden, Lawn, Landscaped
Lot Size: 2.56 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Tranquillity High School, Public District Grades 9-12
San Joaquin Elementary School, Public District Grades KG-8
Other
Directions Information:
Directions: Off of main street in San Joaquin
Price Information
Listing Price Info
Price Summary:
List Price: $6,400,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Joaquin, CA.
This property is $6.0M more than the Median List Price in San Joaquin, CA.
Based on homes listed in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #MP24218768
Listing Office:
Office Name: Concierge Real Estate Services, Inc.
Office Phone: (209) 628-1407
Listing Agent: Dylan Shull
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/27/2024, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$32K
Per Month
Principal & Interest
$31.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$19.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
San Joaquin Elementary School
8535 South Ninth
Distance between this listing and this school0.43 miles
Public District Grades KG-8
High School
3
/10
Tranquillity High School
6052 Juanche St
Distance between this listing and this school4.65 miles
Public District Grades 9-12
Nearby Schools
5
/10
Liberty Elementary School
16001 W E St
Distance between this listing and this school9.82 miles
Public District Grades KG-6
3
/10
Kerman-Floyd Elementary School
14655 W F St
Distance between this listing and this school10.62 miles
Public District Grades KG-6
4
/10
Goldenrod Elementary School
445 S Goldenrod Ave
Distance between this listing and this school11.28 miles
Public District Grades KG-6
Assigned Schools
4
/10
San Joaquin Elementary School
8535 South Ninth
Distance between this listing and this school0.43 miles
Public District Grades KG-8
Nearby Schools
3
/10
Tranquillity Elementary School
6116 South Daniels
Distance between this listing and this school4.60 miles
Public District Grades KG-8
7
/10
Helm Elementary School
13883 S Lassen Ave
Distance between this listing and this school7.09 miles
Public District Grades KG-8
Assigned Schools
3
/10
Tranquillity High School
6052 Juanche St
Distance between this listing and this school4.65 miles
Public District Grades 9-12
Nearby Schools
2
/10
Rio Del Rey High (Continuation)
6052 Juanche
Distance between this listing and this school4.65 miles
Public District Grades 9-12
4
/10
Enterprise High School
15405 W Sunset Ave
Distance between this listing and this school10.51 miles
The neighbors living near this home have an average income of $31,524. Typical income of San Joaquin, CA residents is less than $35k annually. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8541 Deep St
What is the listing price of this property?
The listing price of 8541 Deep St property is $6,400,000.
What type of property is this?
The property 8541 Deep St is a condo located in San Joaquin, California, 93660.
Is this property for sale now?
Active Listing: 8541 Deep St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 8541 Deep St are: San Joaquin Elementary School: GreatSchools Rating 4/10Tranquillity High School: GreatSchools Rating 3/10
Which year was this property built?
The year of construction for 8541 Deep St is 2007.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8541 Deep St in San Joaquin, CA and zip code 93660. This home, which was built in 2007, sits on a 2.56 acre lot. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $6,400,000.
Between August 2024 and September 2024, San Joaquin, CA real estate market has seen increase in the number of listings by 25%. In September 2024, listings were on the market for 267 days. During the same period, the median list price in this real estate market was $310,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Pro Wrestling
Pro Wrestling
College Football
Wal-Mart
Express/Express For Men
Sonic
Oldsmobile
Kia
Contemporary Inspirational
New Country