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Sylmar Apartments 1223 N Sylmar Ave 13 Unit Apartment Building $3,978,372 CAD ($306,029 CAD/Unit) 6.72% Cap Rate Fresno, CA 93727

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INVESTMENT HIGHLIGHTS

  • Large 2 Bedroom/1 Bath Units at 930 SQ FT with Patio or Balcony
  • Multifamily Market Is On A Strong Growth Path
  • New fencing and Exterior Paint

EXECUTIVE SUMMARY

NEW PRICING! We are pleased to offer Sylmar Apartments, a fully renovated thirteen unit community located near Fresno Ait terminal. All the units are Two Bedroom One Bath units at 940 square feet.

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,978,372 CAD
Price Per Unit $306,029 CAD
Sale Type Investment
Cap Rate 6.72%
No. Units 13
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 11,660 SF
No. Stories 2
Year Built 1971
Parking Ratio 1.11/1,000 SF
Zoning R-3, Fresno

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Patio
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Gated
  • Smoke Free
  • Storage Space
  • Online Services

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 13 $2,303 CAD 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
455-162-18
Land Assessment
$190,792 CAD
Improvements Assessment
$1,793,446 CAD
Total Assessment
$1,984,238 CAD
  • Listing ID: 35292806

  • Date on Market: 2025-03-28

  • Last Updated:

  • Address: 1223 N Sylmar Ave, Fresno, CA 93727

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