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1527 N Van Ness Ave
Fresno, CA 93728-1950
Asking Price
$1.70M
Cap Rate
6%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Fantastic opportunity to own a 10 unit property with $101,570 in Net Operating Income. <p><span style="color: rgba(0, 0, 0, 1)">Exceptional multifamily investment opportunity featuring 10 fully occupied units and strong rental income.</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">The first building features 8 units with 2 of them being studios. The second building has two large units as well. It also features 5 garages and 5 storage.</span></p><p></p><p>Annual Income $125938</p><p>Annual Expenses $24368</p><p>NOI $101,570</p><p></p><p></p><p></p>
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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069
