1905 East Pontiac Way

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1905 East Pontiac Way

Fresno, CA 93726
Asking Price
$5.67M
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Assumable 4.30% Loan | Near 100% Occupancy | Central Fresno <p>ASSUMABLE FINANCING | $2,242,238 at 4.30% fixed through April 2040</p><p>NEAR 100% OCCUPANCY | Tenants lined up to fill remaining units</p><p>STRONG IN-PLACE INCOME | Reach out For details</p><p>42 UNITS | 40 one-bedroom and 2 two-bedroom across 5 buildings</p><p>GATED COMMUNITY | Pool, on-site laundry, professional landscaping, resident manager</p><p>1031 EXCHANGE READY | Stabilized asset, clean transition, priced to move</p><p>CENTRAL FRESNO LOCATION | Blackstone and Ashlan corridor, strong

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NOI
$80,000
Cap Rate
1.41%
DSCR
0.24
Underwater
Cash-on-Cash
-15.09%
Monthly Payment
$28,052.066
Annual Cash Flow
$-256,624.796

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