Back To Blog

$42.5M 232-Unit Lofts at Stadium Square Apartments in Fresno, CA

The Lofts at Stadium Square at 1577 E Bulldog Lane is a 232-unit apartment community in Northeast Fresno, California, listed at $42,500,000 ($183,190 per unit). The garden-style property was built in 1974 and renovated in 2024 on 10.93 acres, with a reported average occupancy of 90%.

The unit mix is 48 one-bedroom, one-bath units at 800 square feet (average rent $1,333), 68 two-bedroom, one-bath units at 890 square feet ($1,445), and 116 two-bedroom, two-bath units at 1,000 square feet ($1,524). According to the listing, the majority of units have been upgraded with appliances, countertops, flooring, light and plumbing fixtures, and window coverings, and each has a washer/dryer, patio or balcony, ceiling fans, and large closets.

Financing is a highlight: the listing describes an assumable 3.94% FNMA loan that runs until 2032, with a possible supplemental loan for a qualified investor. The community is gated, with a pool, spa, fitness center, game room, business center, study room, and package receiving, and it is adjacent to California State University, an infill location the listing says offers pricing power without fear of new supply nearby. The property also has a recorded condominium map and is in an Opportunity Zone.

Click Here for the full Listing.

Add Comment

Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Comments

  1. No comments. Be the first to comment.