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2043 E. Saginaw Way
Fresno, CA 93726
Asking Price
$2.35M
Cap Rate
5.57%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
14 Units. Gated, on-site laundry, covered carports and renovated. <ul><li>Updated interiors throughout - vinyl flooring, central AC, refreshed kitchens and baths</li><li>Proforma 7.56% CAP rate with $46,000+ in identifiable rent upside</li><li>On-site laundry facility in place for immediate ancillary income</li><li>Gated community with assigned carport parking for every tenant</li></ul>
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NOI
$80,000
Cap Rate
3.40%
DSCR
0.57
Underwater
Cash-on-Cash
-8.44%
Monthly Payment
$11,626.518
Annual Cash Flow
$-59,518.214
