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2205 North Peach Avenue
Clovis, CA 93619
Asking Price
$7.10M
Cap Rate
5.24%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 59 Units | $120,339/unit <ul><li>Strong in-place occupancy minimizes lease-up risk from day one. Rents are currently below market, offering investors a clear path to enhanced yield through modest rate adjustments and full recovery of loss-to-lease — with no heavy lifting required.</li><li>Nearly half the community — 29 units — had been renovated with resurfaced countertops, refinished cabinetry, new appliances, modern fixtures, and two-tone paint, already commanding a premium. The remaining units represent a clear, ex
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NOI
$80,000
Cap Rate
1.13%
DSCR
0.19
Underwater
Cash-on-Cash
-16.03%
Monthly Payment
$35,126.926
Annual Cash Flow
$-341,523.113
