158 S Peach Ave, Fresno, California, United States | Residential Land For Sale at GLOBAL LISTINGS

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Residential Land For Sale

$1,200,000

158 S Peach Ave
Fresno, California, United States

Listed By: Realtyww Info

Listed On: 07/23/2024

Listing ID: GL11876779 View More Details

Description

Calling all Developers and Investors! Offered up is a rare ENTITLED high-density apartment development opportunity in Southeast Fresno, within a qualified OPPORTUNITY ZONE! Prime location within walking distance to schools, Walmart, parks, and popular dining and shopping on Kings Canyon Road. This is a 4.3 Acre lot with city approved ENTITLEMENT for a 130-unit apartment building complex. Seller spent over 1 year on planning, designing, revision, attending public hearings, getting annexation, etc. Lastly, this 130-unit apartment complex is made up of 4 parcels. 463-090-11, 463-090-28, 463-090-57, 463-090-59 and currently has the street numbers 144, 158, and 174 S Peach Ave. The city of Fresno has issued entitlement for this 130-unit apartment complex project, which includes five 3-story buildings (1 Bedroom-47 units, 2 Bedrooms-71 units and 3 Bedrooms-12 units, along with surface carport parking). The subject project is conveniently located at Fresno Area Express (FAX) Public transportation system. There are 3 bus lines within walking distance from the project. Two of which have stations right in front of and across the street from the project. The project is a 10 minute drive from Amazon and Ulta Beauty Distribution Center. Everything is in place to have this Shovel ready in 6 to 8 months.

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Listed by: Gregory L. Mouw