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3420 N 1st Street
Fresno, CA 93726
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 7.26% CAP | 46 Units <ul><li>Current in-place rents average $1,199 per month — meaningfully below market rates of $1,458 for 2/1 units and $1,720 for 2/2 units. This gap represents a clear, executable path to revenue growth through interior renovations and operational improvements. Pro forma projections demonstrate strong rent growth and systematic recapture of loss-to-lease over the hold period, creating a compelling return profile from day one.</li><li>Situated in one of Fresno's most sought-after residential co
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
