CYPRESS POINT l FRESNO, CA l 224 UNITS
HIGHLIGHTS
Cypress Point Offers Investors the Opportunity to Increase Rental Income by Approximately 11.7% Via Interior Renovations (based on Current Loss/Gain to Lease)
Very Attractive Assumable Freddie Mac Loan at 3.16% Interest Rate (interest-only) with Approximately 8 Years Left
100% Two-Bedroom/ One-Bathroom Units
Single-Story Construction
Across The Street From Fresno Pacific University
Located in a Very Strong Rental Market
9.69% Cash-On-Cash Return on Current Operations
Common Area Amenities Include: Two Swimming Pools, Two On-Site Laundry Rooms, Open and Covered Parking