129 N Park

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129 N Park

Fresno, CA 93701
Asking Price
$375K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Fresno
  • The property features three individual rental units
  • Current asking price for the asset is $374,900
  • Located in the 93701 zip code of California
  • Strategically positioned within the growing San Joaquin Valley region

What's Special

Priced at $374,900, this multifamily apartment building located at 129 N Park in Fresno, California, presents a functional addition to an investment portfolio. The property consists of three distinct units, offering a manageable scale for investors looking to establish or expand their presence in the Fresno market. Fresno continues to serve as a central economic hub for the San Joaquin Valley, providing a stable foundation for residential demand across the region. The property’s location in the 93701 zip code positions it within reach of key local services and thoroughfares. Apartment buildings of this size are well-suited for buy-and-hold strategies or value-add repositioning efforts. With three separate units, the asset allows for steady rental income streams within a growing suburban and urban mix characteristic of Central California. Its scale makes it an accessible entry point for private investors seeking to capitalize on the ongoing demand for rental housing in this established community.

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NOI
$80,000
Cap Rate
21.34%
DSCR
3.59
Strong
Cash-on-Cash
51.34%
Monthly Payment
$1,854.801
Annual Cash Flow
$57,742.392

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