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3940 East Burns Avenue
Fresno, CA 93725
Asking Price
$1.18M
Cap Rate
8.87%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Eight‑Unit Fresno Multifamily With Clear Value‑Add Upside <p>• Stabilized eight-unit multifamily asset with strong in place income.</p><p>• All units are 2 bed 1 bath, the highest demand configuration in this submarket.</p><p>• Multiple upgraded interiors including modern kitchens, granite counters, new cabinets, updated bathrooms, and new flooring.</p><p>• Recent improvements include new Exterior Paint, New interior paint across all units and a brand-new roof.</p><p>• Strong rental performance with several units achieving top of market rents.</p><p>•
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NOI
$80,000
Cap Rate
6.81%
DSCR
1.15
Tight
Cash-on-Cash
2.91%
Monthly Payment
$5,813.259
Annual Cash Flow
$10,240.893
