11973 S Derrick Ave, Cantua Creek, CA 93608

Colliers International is pleased to present the Cantua Creek Home Community. This property presents a unique investment opportunity for multifamily investors, farming operations, and labor contractors.
The Cantua Creek Homes are situated between Mendota, California and Interstate 5. In the western part of Fresno County the property is surrounded by farm ground. Housing is in very low supply in this particular region. The property is composed of three parcels with a total of twenty five single family homes, two duplexes, a warehouse, and +/- 2.5 acres of fenced yard space. The unit mix spans a large range with the homes consisting of 18 two bedroom homes and 7 three bedroom homes. The duplexes consist of 2 six bedroom units, 1 two bedroom unit, and 1 five bedroom unit. On top of the 29 residential units, the property offers more income potential in the +/- 8,000 square foot warehouse and +/- 2.5 acres of fenced yard space.

Sale Note
Price per unit: $77,586
Market cap rate: 7.01%