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
Other
Directions Information:
Directions: Off of main street in San Joaquin
Price Information
Listing Price Info
Price Summary:
List Price: $6,400,000
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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: 11/23/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Liberty Elementary School
16001 W E St
Distance between this listing and this school9.78 miles
Public District Grades KG-6
3
/10
Kerman-Floyd Elementary School
14655 W F St
Distance between this listing and this school10.61 miles
Public District Grades KG-6
4
/10
Goldenrod Elementary School
445 S Goldenrod Ave
Distance between this listing and this school11.27 miles
Public District Grades KG-6
Nearby Schools
4
/10
San Joaquin Elementary School
8535 9th St
Distance between this listing and this school0.25 miles
Public District Grades KG-8
3
/10
Tranquillity Elementary School
6116 S Daniels Ave
Distance between this listing and this school4.50 miles
Public District Grades KG-8
7
/10
Helm Elementary School
13883 S Lassen Ave
Distance between this listing and this school7.07 miles
Public District Grades KG-8
Nearby Schools
3
/10
Tranquillity High School
6052 Juanche Ave
Distance between this listing and this school4.65 miles
Public District Grades 9-12
3
/10
Enterprise High School
15405 W Sunset Ave
Distance between this listing and this school10.48 miles
Public District Grades 7-12
6
/10
Kerman High School
205 S 1st St
Distance between this listing and this school10.64 miles
The neighbors living near this home have an average income of $31,524. Residents of San Joaquin, CA typically earn less than $35k each year. The most common type of family is married, with kids. The most common level of education of people living in this area is high school diploma.
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.
Which year was this property built?
The year of construction for 8541 Deep St is 2007.
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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.
The inventory of homes for sale in San Joaquin, CA between September 2024 and October 2024 decreased by 28.6%. The median list price of listings available in October 2024 was $310,000, while the average time on the real estate market was 284 days.
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. 
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