Courtesy of Brendan Kane, Brendan Kane Real Estate - [email protected]
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.
Property Type
Multi Family
Property Subtype 1
16 Units & More
Year Built
1984
Region
Suburban
Stories
Two
Total Buildings
4
Total Units
30
Price Per Square Foot
$174
Price Per Acre
$3,571,429
Days On London
39
Cumulative Days On London
39
County
Fresno
REO / Bank Owned
No
Cross Street Address
Palm
Directions
41 to Ashlan West on Ashlan to Palm South on Palm to Dakota West on Dakota to Subject property
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Last modified 1 month ago Fresno MLS last checked for updates 49 minutes ago
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