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3420 N 1st Street
Fresno, CA 93726
Asking Price
$4.90M
Cap Rate
7.26%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 7.26% CAP | 46 Units <ul><li>Interior renovation programs in comparable Northeast Fresno assets have consistently achieved $200–$350/month rent premiums, validating the repositioning thesis at Las Flores.</li><li>The $259–$521 per-unit monthly upside translates to significant NOI expansion, directly driving asset value appreciation over the hold period.</li><li>The Fresno high-speed rail station is among California's most significant infrastructure investments in decades — a structural demand driver that will ben
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NOI
$80,000
Cap Rate
1.63%
DSCR
0.27
Underwater
Cash-on-Cash
-14.35%
Monthly Payment
$24,242.526
Annual Cash Flow
$-210,910.318
