Cypress Point Apartments Investment
4760 E Butler Ave, Fresno, CA 93702
- Added:
- May 18, 2026
- Days on Market:
- 16
- Last Refresh:
- May 18 at 7:39 am
Property Features for 4760 E Butler Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Jon Mimms License #License(s): CA: 01820718 (559) 476-5580
Listing office Fresno Office (559) 476-5580
Listing date May 18, 2026
Source Marcusmillichap
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Fresno Office
HighLights
- Favorable assumable loan with approximately 9 years left at a low 3.16% interest‑only rate.
- Unlock value with potential to increase rental income by approximately 13% through interior renovations.
- Attractive 5.04% cap rate on current operations and a strong 6.59% proforma cap rate.
- Experience a strong cash‑on‑cash return of 7.05%.
- Over 200 units in the Central Valley, providing a substantial foothold in a desirable rental market.
- Well‑equipped common areas, including two swimming pools and on‑site laundry (approximately 77% of units have washer/dryer hookups).
Overview
The Cypress Point Apartments, located in Fresno, CA, presents an investment opportunity. Available for the first time in over 20 years, this property offers the potential to increase rental income by approximately 13% through interior renovations. The property has a favorable assumable loan with approximately 9 years left with an interest rate of 3.16% interest only. The property has a 5.04% cap rate on current operations and a 6.59% cap rate on proforma operations, with a cash-on-cash return of 7.05%. Boasting over 200 units in the Central Valley, it provides a substantial foothold in a desirable rental market. Cypress Point has 100% two-bedroom/one-bathroom units that range from 968-992 square feet. In addition, well-equipped common areas, including two swimming pools, on-site laundry (approximately 77% of the units have washer/dryer hookups), ample parking, enhance tenant satisfaction. Situated in a robust rental market, Cypress Point benefits from strong demand for housing, ensuring consistent occupancy and potential for rent growth.
Location Intelligence
Current Use by Public Records
Cypress Point
Apartment Complex
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.7376517
- Latitude
- 36.7283168
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 200+ unit apartment complex with value-add potential in Fresno.
Where is this apartment building located?
The property is located at 4760 E Butler Ave Fresno, CA.
What is the asking price?
The asking price for this property is $31,000,000.
What are key features of this property?
This property features: Favorable assumable loan with approximately 9 years left at a low 3.16% interest‑only rate.; Unlock value with potential to increase rental income by approximately 13% through interior renovations.; Attractive 5.04% cap rate on current operations and a strong 6.59% proforma cap rate.
