The Lofts at Stadium Square
Multifamily | 232 Units
Marketing description
Discover the THE LOFTS @ STADIUM SQUARE! This property presents an exceptional opportunity with an assumable 3.94% fixed-rate Fannie Mae loan, ideal proximity to Fresno State University ensuring a steady renter demand, and a recently renovated layout minimizing immediate capital requirements. The thriving local economy in Fresno, accompanied by a diverse employment landscape and growing population, bodes well for long-term multifamily investment success. The LOFTS @ STADIUM SQUARE offers an array of amenities including a resort-style pool, fitness center, study room, social gathering spaces, and gated entrances, providing residents with a luxurious and secure living environment. Additionally, being situated in a designated Opportunity Zone, this property comes with the potential for attractive tax benefits. Don't miss out on this investment gem in an increasingly desirable setting in Fresno - seize the chance to own a property that merges modern living with economic promise!
Investment highlights
ATTRACTIVE ASSUMABLE LOAN WITH POSSIBLE SUPPLEMENTAL
3.94% fixed-rate Fannie Mae loan (matures 2032), assumable with lender approval.
HIGH CASH FLOW POTENTIAL - DAY ONE
The current loan is I/O for another 18 months.
EXCELLENT NORTHEAST FRESNO INFILL LOCATION
Next to Fresno State University which will provide a steady demand of renters.
ROBUST LOCAL ECONOMY
Fresno is experiencing steady economic growth, with a diverse employment base and increasing
population, supporting long-term multifamily fundamentals.
RECENT RENOVATION
Well-maintained property with major recent upgrades, minimizing near-term capital needs.
COMPREHENSIVE AMENITIES
Resort-style pool, fitness center, study room and social gathering rooms, gated entrances and more.
OPPORTUNITY ZONE
Located in a designated Opportunity Zone, offering potential tax benefits.
DESIRABLE UNIT MIX
232 units with a variety of 1 and 2-bedroom floor plans with washer/dryers included.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
