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4140 N Clark St 8 Unit Apartment Building $1,588,000 ($198,500/Unit) 6.06% Cap Rate Fresno, CA 93726
Executive Summary
Turnkey building with a mix of long term and newer tenants.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$155,280
|
$13.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$155,280
|
$13.40
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $155,280 |
| Annual Per SF | $13.40 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $155,280 |
| Annual Per SF | $13.40 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,588,000 | Apartment Style | Low-Rise |
| Price Per Unit | $198,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.53 AC |
| Cap Rate | 6.06% | Building Size | 11,588 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 10 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1988 |
| Property Type | Multifamily | Parking Ratio | 1.38/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R-3, Fresno | ||
| Price | $1,588,000 |
| Price Per Unit | $198,500 |
| Sale Type | Investment |
| Cap Rate | 6.06% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 10 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.53 AC |
| Building Size | 11,588 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.38/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-3, Fresno |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 8 | $1,750 | 1,462 |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 436-033-28 | Improvements Assessment | $724,158 (2025) |
| Land Assessment | $55,027 (2025) | Total Assessment | $779,185 (2025) |
Property Taxes
Parcel Number
436-033-28
Land Assessment
$55,027 (2025)
Improvements Assessment
$724,158 (2025)
Total Assessment
$779,185 (2025)
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4140 N Clark St