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446 N Maple Ave 6 Unit Apartment Building $1,131,938 CAD ($188,656 CAD/Unit) 7.19% Cap Rate Fresno, CA 93702
Investment Highlights
- Qualifies for housing assistance programs such as Section 8
- Strong cash flow potential and a solid foundation for investors seeking portfolio growth
- Centrally located in Fresno and in close proximity to Freeways 168 and 180
- SB 721 inspections completed
- Proven profitability verified with two years of P&L’s
- On-site laundry room for extra income
Executive Summary
446 N Maple Avenue is a six-unit multifamily property located in Fresno, California. Configured across two stories with Units 101–103 on the ground floor and Units 201–203 above, the asset is offered completely turnkey and is backed by several years of proven profitability, giving new ownership a stabilized, fully operational property with a demonstrated income stream rather than a speculative pro forma.
Every unit at the property has been updated, delivering modernized interiors that appeal to today’s renters and minimizing near-term capital requirements for incoming ownership. The improvements throughout the building position 446 N Maple to continue attracting quality tenants and maintaining strong occupancy going forward.
The property includes six carport spaces, one assigned to each unit, as well as an on-site laundry room that is currently unused and available for activation as an additional income stream.
Together, the updated units, consistent operating history, and turnkey condition make 446 N Maple a low-maintenance, stabilized asset with built-in upside.
The units are individually metered for P.G.&E. and paid by tenant.
Every unit at the property has been updated, delivering modernized interiors that appeal to today’s renters and minimizing near-term capital requirements for incoming ownership. The improvements throughout the building position 446 N Maple to continue attracting quality tenants and maintaining strong occupancy going forward.
The property includes six carport spaces, one assigned to each unit, as well as an on-site laundry room that is currently unused and available for activation as an additional income stream.
Together, the updated units, consistent operating history, and turnkey condition make 446 N Maple a low-maintenance, stabilized asset with built-in upside.
The units are individually metered for P.G.&E. and paid by tenant.
Property Facts
| Price | $1,131,938 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $188,656 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7.19% | Building Size | 3,932 SF |
| Gross Rent Multiplier | 9.3 | No. Stories | 1 |
| No. Units | 6 | Year Built | 1971 |
| Property Type | Multifamily | Parking Ratio | 1.53/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | NMX | ||
| Price | $1,131,938 CAD |
| Price Per Unit | $188,656 CAD |
| Sale Type | Investment |
| Cap Rate | 7.19% |
| Gross Rent Multiplier | 9.3 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,932 SF |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 1.53/1,000 SF |
| Zoning | NMX |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 460-081-16 | Improvements Assessment | $604,349 CAD |
| Land Assessment | $60,434 CAD | Total Assessment | $664,784 CAD |
Property Taxes
Parcel Number
460-081-16
Land Assessment
$60,434 CAD
Improvements Assessment
$604,349 CAD
Total Assessment
$664,784 CAD
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446 N Maple Ave
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