Maple Avenue Apartments AVAILABLE FOR Sale

809 S. Maple Avenue - Fresno,

MAPLE AVENUE APARTMENTS

Apartments will not be shown without the listing agent present. Please do not tour the property unaccompanied or disturb residents. If you would like to view the property, please call the listing agent to schedule a time of mutual convenience.

 9 Apartment Units For Additional Information Contact:

 Asking Price: $620,000 Dustin Ilic, CCIM Vice President - Investment Division 559.447.6292 - [email protected]  $68,888 per Unit CA DRE #01772625

Brice Ewell  One-bedroom, One-bath Units Sales Associate  559.447.6253 [email protected] CA DRE #02019233  Year Built: 1956

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Maple Avenue aPPARTMENTS | 809 S. Maple Avenue - Fresno, CA AVAILABLE FOR Sale

Disclaimer

This marketing material is presented in order to provide preliminary information about the Property offering. It is intended to establish a level of interest in the Property, but the information provided is not all inclusive. There may be other relevant material or market factors which have not been presented, but which bear materially on this asset for sale. This brochure should not be considered a substitute for thorough due diligence.

The material provided has been obtained from sources we believe to be reliable. We have not verified the information and make no guarantee, warranty, or representation about it. It is the responsibility of the recipient of this information to independently confirm its accuracy and completeness. This information should not be relied upon without a careful and independent investigation. Newmark Grubb Pearson Commercial makes no warranty or representation regarding the subject property, its physical condition, or its financial records.

The Property is being offered for sale “As Is”. There are no reserves for replacement or capital improvements to be transferred with the Property.

Any prospective purchaser is strongly encouraged to conduct a thorough due diligence examination of all property and market factors.

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Maple Avenue aPPARTMENTS | 809 S. Maple Avenue - Fresno, CA Executive Summary AVAILABLE FOR Sale

Maple Avenue Apartments List Price: $620,000.00 GIM: 10.23 CAP: 6.98% Price per Unit: $68,888.00 Price per SF : $140.21.00

Property Facts Cross Street: East El Monte Avenue Tax Parcel Number: 470-083-25 Year Built: 1956 Construction Type: Masonry Block Roof Type: Pitched Foam Building Class: C Location Class: C Zoning: MA09-R-3

Unit Details Washer/Dryer: Common Area HVAC: Wall-mounted AC & Gas Wall Heaters Fireplaces in Units: No Fire Sprinkler: No Cable TV: Yes -Tenant No. of Stories: One No. of Parking Spaces: 9 Covered + overflow Clubhouse: No

Configuration:The property is located on a regular shaped parcel of land totaling 0.22± acres and is improved with a 9 unit, single story garden style apartment complex totaling approximately 4,422± square feet according to Assessor records. The property was completed in approximately 1956. Construction is masonry block on concrete slab. The project consists of 9 one bedroom, one bathroom units of approximately 475± square feet. Unit square footages are based on records available to this office and should be verified by any prospective buyer. Interior unit amenities include range and oven, tile flooring, double pane windows, window AC units, and wall mounted gas heaters. All units are individually metered for gas and electricity, each unit has its own separate hot water heater.

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Executive Summary Continued AVAILABLE FOR Sale

Utilities: All utilities are available to the site. Electric service is provided by Pacific Gas & Electric. Water and sewer are provided by the City of Fresno.

Parking: There are a total of 9 covered parking spaces. Overflow parking available on the street.

Area: 809 S. Maple Avenue Apartments are located just south of Kings Canyon Road on Maple Avenue. The immediate area is developed primarily to single-family residential. Public transportation, employment, education, entertainment, and shopping are all readily available along Kings Canyon Road. The Fresno Fair Grounds are immediate opposite the property to the west. Eastgate Shopping Center is one block to the east on Kings Canyon Road featuring Grocery, Drug, Fast Food, Banking, and many other service related opportunities for residents. Roosevelt High School is within 2 blocks from the property.

Terms: 809 S. Maple Avenue Apartments are a “value added” opportunity. The project is currently 100% occupied.

PROPERTY PHOTOS

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. 809 S Maple Ave Units: 9 Fresno, CA 93702

Operating Statement Financial summary Income Current Proforma Year 1 Notes Per Unit Gross Scheduled Rent $ 60,600 $ 70,200 $ 7,800 AVAILABLE Vacancy FOR$ (3,030) S5%ale $ (3,510) 5% [1] $ (390) Effective Rental Income $ 57,570 $ 66,690 Other Income 809 Misc.S Maple Ave $ Units: - 9 $ - [2] $ - Fresno,Laundry CA 93702 $ - $ 1,800 [3] $ 200 Total Other Income $ - $ 1,800 $ 200 OperatingEffective Gross Statement Income $ 57,570 $ 68,490 $ 7,610

Expenses Current Proforma Year 1 Notes Per Unit Income Current Proforma Year 1 Notes Per Unit Real Estate Taxes $ 3,229 $ 7,733 [4] $ 358.78 Gross Scheduled Rent $ 60,600 $ 70,200 $ 7,800 Insurance $ 1,740 $ 1,740 [5] $ 193.33 Vacancy $ (3,030) 5% $ (3,510) 5% [1] $ (390) Utilities - Electric $ 191 $ 191 [6] $ 21.20 Effective Rental Income $ 57,570 $ 66,690 Utilities - Water, Sewer & Trash $ 4,140 $ 4,140 [7] $ 460.00 Other Income Repairs & Maintenance $ 4,500 $ 4,500 [8] $ 500.00 Misc. $ - $ - [2] $ - Landscaping & Supplies $ - $ - $ - Laundry $ - $ 1,800 [3] $ 200 Pest Control $ 500 $ 500 [9] $ 55.56 Total Other Income $ - $ 1,800 $ 200 EffectivePayroll Gross Income $ 57,570 - $ 68,490 - $ 7,610 - General/Administrative & Legal $ - $ - $ - Misc. Expenses $ - $ - $ - Expenses Current Proforma Year 1 Notes Per Unit Management Fee $ - $ 3,335 5% of ERI [10] $ 370.50 Real Estate Taxes $ 3,229 $ 7,733 [4] $ 358.78 Total Expenses $ 14,300 $ 22,138 $ 1,959 Insurance $ 1,740 $ 1,740 [5] $ 193.33 Expenses as % of EGI 23.6% 32.3% Utilities - Electric $ 191 $ 191 [6] $ 21.20 Net Operating Income $ 43,270 $ 46,352 $ 5,793.95 Utilities - Water, Sewer & Trash $ 4,140 $ 4,140 [7] $ 460.00 NotesRepairs and & assumptions Maintenance to the above analysis below.$ 4,500 $ 4,500 [8] $ 500.00 Landscaping & Supplies $ - $ - $ - ListingPest Control Price $$ 620,000.00 500 $ 500 [9] $ 55.56 PricePayroll Per Unit $$ 68,888.89 - $ - $ - CapGeneral/Administrative Rate & Legal $ 6.98% - $ - $ - ProformaMisc. Expenses Cap Rate $ 7.48% - $ - $ - Management Fee $ - $ 3,335 5% of ERI [10] $ 370.50 Total Expenses $ 14,300 $ 22,138 $ 1,959 DustinExpenses Ilic, Vice as % President, of EGI CCIM, Multifamily Division 23.6% 32.3% 7480Net NOperating Palm Ave, Income Suite 101, Fresno, CA 93711 $ 43,270 $ 46,352 $ 5,793.95 Phone:Notes 559.447.6292, and assumptions Email: to [email protected] above analysis below.

Listing Price $ 620,000.00 Price Per Unit $ 68,888.89 Cap Rate 6.98% Proforma Cap Rate 7.48%

Notes to Operating Statement [1] Physical Vacancy is estimated Dustin Ilic, Vice President, CCIM, Multifamily Division [2] Late Fees, Application Fees, etc. 7480 N Palm Ave, Suite 101, Fresno, CA 93711 [3] Potential Other Income from Laundry Phone: 559.447.6292, Email: [email protected] [4] Real Estate Taxes based on actual tax rate of 1.247236% of purchase price [5] From Owner [6] From Owner [7] From Owner [8] From Owner [9] From Owner [10] Market Standard Notes to Operating Statement [1] Physical Vacancy is estimated [2] Late Fees, Application Fees, etc.FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com [3] Potential Other Income from Laundry Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable[4] toReal us andEstate our Taxes principal based and the on conditions actual tax as rate set forth of 1.247236% in the brokerage of purchase agreement areprice fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted[5] Fromsubject Ownerto errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. [6] From Owner [7] From Owner [8] From Owner [9] From Owner [10] Market Standard Financial summary continued AVAILABLE FOR Sale

809 S Maple Ave June 2019 Rent Roll Proforma Rent Roll Unit BD/BA Scheduled Rent Size Unit BD/BA Scheduled Rent Size 1 1/1 $550 475 1 1/1 $650 475 2 1/1 $550 475 2 1/1 $650 475 3 1/1 $550 475 3 1/1 $650 475 4 1/1 $550 475 4 1/1 $650 475 5 1/1 $550 475 5 1/1 $650 475 6 1/1 $650 475 6 1/1 $650 475 7 1/1 $550 475 7 1/1 $650 475 8 1/1 $550 475 8 1/1 $650 475 9 1/1 $550 475 9 1/1 $650 475 Total Monthly Scheduled Gross Income $ 5,050 $ 5,850 Annual Scheduled Gross Income $ 60,600 $ 70,200

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Financial summary continued AVAILABLE FOR Sale

PROPERTY PHOTOS

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Aerial Map AVAILABLE FOR Sale

Tulare Avenue Maple Av enue

Roosevelt HIgh School

kings canyon pavilion center

Ventura Avenue Kings Canyon Road

Cambridge Fresno Continuation Fairgrounds HIgh School

Butler Avenue Fresno Pacific C hestnut Av enue Willo w Avenue O range Av enue University C edar Av enue P each Av enue

california Avenue

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Anaheim, California

Aerial Close-Up AVAILABLE FOR Sale

Kings Canyon Road M a p le A

ve nu e El Monte Avenue

Fresno Fairgrounds

Montecito Avenue

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Location Overview AVAILABLE FOR Sale

41 Fresno Yosemite International Airport 99 Fresno City College

168

Fresno Chaffee Zoo 180

180 Fresno 180 41 Fresno Fairgrounds 99

99

41

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. MetroScan / Fresno (CA)

Owner : Guerena J Michael Parcel : 470 083 25 CoOwner : Bldg ID# 1 of 1 Site : 809 S Maple Ave Fresno 93702 Land : $56,584 Mail : 240 Nice Ln #202 Newport Beach Ca 92663 Struct : $191,266 Xfered : 01/29/2014 Doc # : 10017 Other : Price : Deed : Quit Claim Total : $247,850 LoanAmt : Loan : Exempt : Lender : IntTy : Type : Vesting : Trust\trustee % Imprv : 77 MapGrid : % Owned : 100 LandUse : MA09R-3 Res,Apartments,9 Units TaxArea : 005035 Census : Tract : 13.01 Block : 3 18-19 Tax : $3,227.84 Owner Ph :

Bedrooms : 9 Bldg SqFt : 4,422 Lot Acres : .22 Bathrooms : 9.00 1st Flr SqFt : 4,422 Lot SqFt : 9,424 Fireplace : 2nd Flr SqFt : Lot Dimen : 76X124 Air Cond : Refrig BasementSF : Year Built : 1956 Units : Garage Type : Garage Bldg Matl : Masonry Stories : 1 Garage SqFt : 1,560 Bldg Shape : Rectangle Pool : AddlRm SqFt : Bldg Class : 3.5

Additional Features 1. 3. 2. 4. Assessor’s Parcel Map: 470-083-25 AVAILABLE FOR Sale

Information compiled from various sources. CoreLogic makes no representations or warranties as to the accuracy or completeness of information contained in this report.

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. regional Map AVAILABLE FOR Sale

Fresno

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Fresno Apartment Market AVAILABLE FOR Sale

Fresno Facts: Fresno is one of the fastest growing communities in the Nation. It has received favorable reviews in the Times, San Francisco Chronicle, Wall Street Journal, and Forbes Magazine. Located 158 miles southeast of San Francisco and 252 miles north of Los Angeles, Fresno County is the richest and most productive agricultural region in the United States with annual agricultural sales in excess of $6 billion for over 250 commodities. The Fresno Metropolitan area had a population of 500,121 in 2011, and Fresno County had a population of 940,220. Fresno is the 5th largest city in California and the 34th largest city in the United States.

Agriculture: The fertile soil of the San Joaquin Valley and 300 days of sunshine each year support its world record production of a diverse assortment of crops (250+ different crops) and livestock. In 2013 Almonds surpassed Grapes as the single largest crop in Fresno County, followed by Poultry, Milk, Tomato, Cattle and Calves, Pistachios, Garlic, Cotton and Oranges.

The Economy: While agriculture is an important element in the economic strength of the region, many unrelated industries complement and stabilize the local economy, including private sector plants and service centers, large state and federal government offices, hospitals, and educational institutions. According to the United States Department of Labor in 2013, workers in agricultural production and services accounted for 17.34% of the total Fresno employment base, with unrelated industries and employers accounting for roughly 83% of the employment base. There are a large number of major projects underway.

 The multi-billion dollar California High Speed Rail system has begun construction on the first 29-mile segment that stretches from the northeast fringe of Madera to the southern edge of Fresno.  A master planned 460 acre residential and commercial use development consisting of 2,600 residential units and up to 295,000 square feet of commercial buildings in southwest Fresno.  Expansion of the freeway system including freeways 41, 180 and 168 totaling $350 million already spent.  $300 million expansion and renovation of Clovis Community Medical Center

An Ernst and Young study tapped Fresno as an ideal location for manufacturing and distribution, due to its proximity within one day’s drive of 35 million people. Manufacturing concerns in this Port of Entry region produce farm machinery, metal products, transportation equipment, stone, clay, and glass products, lumber and wood products, furniture and fixtures, and electrical equipment. Government, services, and trade are also important economic sectors.

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Fresno Apartment Market AVAILABLE FOR Sale

Area Information Location: Maple Avenue Apartments is located in mid-town Fresno. Fresno is the regional center of Fresno County which stretches across the geographical heartland of California from its rugged coastal range into the snow-capped Sierra Nevada Mountains. It is the 5th largest county in the state and encompasses some 6,600 square miles of prime land.

City of Fresno: Fresno is the hub of . In 2011, Fresno surpassed Sacramento to become California’s fifth largest city. The Fresno county area has a population of approximately 940,220. It is the regional home of state and federal government, including educational services, judicial and regulatory branches and the Internal Revenue Service Western Processing Center. The Gap, Inc. has named Fresno as the home for their Pacific Distribution Center and is home to over 300 employees. The Gap facility houses more than 1 million square feet of distribution and warehouse space. Fresno is the regional headquarters for a variety of industries and the center for business and commerce in the heart of California.

Industries find the seismic stability, the availability of space and the pool of qualified workers a real advantage over competing area in the west.

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Fresno Apartment Market AVAILABLE FOR Sale

Employers Industry Some of Fresno County’s Major Employers Product/Services Fresno Unified School District Education County Of Fresno County Government Community Medical Centers Healthcare Kaiser Permanente Healthcare City of Fresno City Government Clovis Unified School District Education Saint Agnes Medical Center Healthcare Quinn Group, Inc. Manufacturing Foster Farms Food Processing California State University, Fresno Education AT&T Telecommunications Cargill Meat Solutions Meat Production Zacky Farms Food Processing Aetna Insurance

Dustin Ilic, CCIM Brice Ewell Vice President - Investment Division Sales Associate For Additional Information Contact: 559.447.6292 559.447.6253 [email protected] [email protected] CA DRE #01772625 CA DRE #02019233

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 Independently Owned and Operated VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300 www.newmarkpearson.com

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. Independently Owned and Operated www.newmarkpearson.com

FRESNO OFFICE 7480 N Palm Ave #101, Fresno CA 93711 559.432.6200 VISALIA OFFICE 3447 S Demaree St , Visalia CA 93277 559.732.7300

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereofandit is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.