3323 E Normal Ave
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3323 E Normal Ave
4 Unit Apartment Building Offered at $701,648 CAD at a 4.70% Cap Rate in Fresno, CA 93703
Executive Summary
Turnkey 4 plex in Central Fresno with stable tenants.
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$66,899
|
$27.10
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$66,899
|
$27.10
|
| Taxes |
-
|
-
|
| Operating Expenses |
$12,277
|
$4.97
|
| Total Expenses |
$12,277
|
$4.97
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $66,899 |
| Annual Per SF | $27.10 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $66,899 |
| Annual Per SF | $27.10 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $12,277 |
| Annual Per SF | $4.97 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $12,277 |
| Annual Per SF | $4.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $701,648 CAD | Apartment Style | Garden |
| Price Per Unit | $175,412 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,469 SF |
| Cap Rate | 4.70% | Average Occupancy | 100% |
| Gross Rent Multiplier | 10 | No. Stories | 1 |
| No. Units | 4 | Year Built | 1960 |
| Property Type | Multifamily |
| Price | $701,648 CAD |
| Price Per Unit | $175,412 CAD |
| Sale Type | Investment |
| Cap Rate | 4.70% |
| Gross Rent Multiplier | 10 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Garden |
| Lot Size | 0.19 AC |
| Building Size | 2,469 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1960 |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,175 CAD | 600 |
| 1+1 | 1 | $1,347 CAD | 600 |
| 1+1 | 1 | $1,423 CAD | 600 |
| 2+1 | 1 | $1,630 CAD | 669 |
1 of 1
Walk Score ®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 446-186-07 | Improvements Assessment | $122,849 CAD (2023) |
| Land Assessment | $39,547 CAD (2023) | Total Assessment | $162,396 CAD (2023) |
PROPERTY TAXES
Parcel Number
446-186-07
Land Assessment
$39,547 CAD (2023)
Improvements Assessment
$122,849 CAD (2023)
Total Assessment
$162,396 CAD (2023)
-
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3323 E Normal Ave
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