Commercial Property for Sale in Fresno California 93710
6090 N Blackstone Ave, Fresno, California 93710
$7,495,000
$380 / sq ft 8.55% cap rate Listed Oct 25, 2024
19,720 sqft
Building
19,716 sqft
Lot
1963
Built
2
Stories
58
Units
Class A
Class
About this property
Commercial Property for Sale in Fresno California 93710 is a lodging and hospitality for sale in Fresno, California, listed at $7,495,000. Key details: year built 1963, building size 19,720 sqft, lot size 19,716 sqft, stories 2. Listed by Johanna Cuevas of NewGen Advisory on LoopingCloud and last updated October 25, 2024.
The Bowman Post Group of NewGen Advisory is pleased to present for sale the Days Inn by Wyndham Yosemite in Fresno, CA. This 2-story hotel has 58 rooms, exterior corridors, and is conveniently located off Highway 41 in Central California. The hotel has recently undergone extensive renovations including new guestrooms, bathrooms, public areas and more. The property is in close proximity to major demand generators like Fresno Yosemite International Airport (FAT), California State University - Fresno, and the St. Agnes and Kaiser Permanente Medical Centers.
Key highlights
- Close proximity International Airport
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 1963
- Building Size
- 19,720 sqft
- Lot Size
- 19,716 sqft
- Stories
- 2
- Total Units
- 58
- Building Class
- Class A
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $640,870
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
8.55%
Cap rate
$640,870
Net operating income
$380
Price per sq ft
Actual - Cash Flow
Source: Yearly tax returns
Gross incomeNet operating income
| Year | Gross income | Effective gross | Expenses | NOI | Pre-tax cash flow | Cap rate |
|---|---|---|---|---|---|---|
| 2023 | - | - | - | $640,870 | - | - |
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $7,495,000 | - | - | - | - |
Features and amenities
Highlights
- Close proximity International Airport
Location
Address as shown by the lister.
Get directionsAbout this area - Fresno
- Population
- 29,327
- Housing units
- 11,557
- Land area
- 6.6 sq mi
- County
- Fresno
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Additional contacts
1 person to reach- David BowmanExecutive Vice President (818) 667-0627
Frequently asked questions
What is the asking price of Commercial Property for Sale in Fresno California 93710?
Commercial Property for Sale in Fresno California 93710 is listed at $7,495,000. That works out to about $380 per square foot. The stated cap rate is 8.55%.
Where is Commercial Property for Sale in Fresno California 93710 located?
The property is in 6090 N Blackstone Ave, Fresno, California 93710, Fresno County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
How big is the property?
The building is 19,720 sqft. The lot is 19,716 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Johanna Cuevas of NewGen Advisory listed this property. Use the Request Info button to send a message or call (602) 648-2700.
When was this listing published?
It was published on October 25, 2024 and last updated on October 25, 2024.
Listing information
- Listing ID
- CL-California-12579
- Published
- Oct 25, 2024
- Last updated
- Oct 25, 2024
- Views
- 463
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