4308 E Woodward

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4308 E Woodward

Fresno, CA 93702
Asking Price
$4.00M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment complex located in Fresno, California
  • Total building footprint consists of 21 residential units
  • Offered for sale at a price of $3,995,000
  • Asset positioned within a established regional residential submarket
  • Property serves as a stable residential housing investment

What's Special

Investors seeking to expand their residential portfolios in the Fresno market will find this 21-unit multifamily apartment building a functional acquisition. The property provides a steady rental housing option within a well-established residential corridor of the city. Fresno serves as a primary hub for California’s Central Valley, supporting a diverse economy anchored by agriculture, healthcare, and retail sectors. Residents benefit from the region's strong connectivity to major regional thoroughfares, facilitating access to the broader metro area's commercial and employment centers. This apartment building is positioned to cater to local workforce housing needs, offering a straightforward approach to residential property management. The scale of the asset allows for efficient operations while maintaining a consistent rental footprint within this growing California community. Proximity to local infrastructure and services makes this an accessible choice for those targeting long-term value in the multifamily asset class.

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NOI
$80,000
Cap Rate
2.00%
DSCR
0.34
Underwater
Cash-on-Cash
-13.11%
Monthly Payment
$19,765.08
Annual Cash Flow
$-157,180.963

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