{"id":492624,"date":"2026-06-30T20:31:48","date_gmt":"2026-06-30T20:31:48","guid":{"rendered":"https:\/\/venture-pacific.net\/commercial\/property\/3940-burns\/"},"modified":"2026-06-30T20:31:48","modified_gmt":"2026-06-30T20:31:48","slug":"3940-burns","status":"publish","type":"properties","link":"https:\/\/venture-pacific.net\/commercial\/property\/3940-burns\/","title":{"rendered":"3940 Burns"},"content":{"rendered":"<p>Eight Unit Multifamily Investment Opportunity. <\/p>\n<p>Great Income, Modern Upgrades, Strong Rental Demand, Brand New Roof, Brand New Paint, newer AC units.<\/p>\n<p>This 8 unit multifamily asset offers a full 2 Bedroom, 1 Bath configuration, a consistently high demand layout in the Fresno rental market. Every residence has received new interior paint within the last year, creating a clean and uniform presentation across the property. The building reflects ongoing ownership care, with a mix of upgraded interiors, modernized kitchens and baths, and strong in place rents. This is a stabilized, income producing asset with clear upside through continued modernization of legacy units.<\/p>\n<p>Unit Mix and Interior Condition:<\/p>\n<p>Unit 1: $1,400. Fresh interior paint, new floors.<\/p>\n<p>Unit 2: $1,050. New flooring. Clean interior profile.<\/p>\n<p>Unit 3: $1,200. New flooring. Fully remodeled kitchen with granite and new cabinets. New bathroom.<\/p>\n<p>Unit 4: $1,175. New bathroom. New flooring. New stove.<\/p>\n<p>Unit 5: $1,250. Full renovation completed one year ago. Modern kitchen, bath, flooring, and finishes.<\/p>\n<p>Unit 6: $1,541. New windows. New paint. New stove. (Hosing Voucher)<\/p>\n<p>Second Building (Units 7 and 8):<\/p>\n<p>Unit 7: $1,090. <\/p>\n<p>Unit 8: $1,025. New bathroom. New kitchen with cabinets, granite, and stove. New flooring and new paint.<\/p>\n<p>Financial Summary:<\/p>\n<p>Total Monthly Income: $9,731.00<\/p>\n<p>Total Annual Income: $116,772<\/p>\n<p>Operating Expenses (Annual):<\/p>\n<p>Insurance: $4,700<\/p>\n<p>Water and Sewer: $3,000<\/p>\n<p>Trash: $2,800<\/p>\n<p>Electric and Gas (Common): $900<\/p>\n<p>Garden Care: $600<\/p>\n<p>Pest Control: $600<\/p>\n<p>Investment Highlights:<\/p>\n<p>Brand new Roof.<\/p>\n<p>Brand new outdoor paint.<\/p>\n<p>All units are 2 bed and 1 bath, the strongest rental configuration in this submarket.<\/p>\n<p>Uniform interior paint across all eight units within the last year.<\/p>\n<p>Multiple upgraded interiors with new kitchens, granite counters, cabinets, flooring, and bathrooms.<\/p>\n<p>Stabilized rent roll with strong in place income.<\/p>\n<p>Clear value add runway through modernization of legacy units.<\/p>\n<p>This 8 unit asset is ideal for investors seeking an income producing property with a balanced mix of renovated units and value add potential. There is room for improvements in the rents.<\/p>\n","protected":false},"excerpt":{"rendered":"Eight Unit Multifamily Investment Opportunity. 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