25 San Jose Ave
Clovis, CA 93612
East Fresno
HIGHLIGHTS
- Clovis submarket, a desirable area within the Fresno metro known for strong rental demand and tenant stability.
- With a scheduled market rent of$69,600 annually and current average rents at$1,400 per unit, the property demonstrates strong rental income potential.
- The pro forma cap rate of 5.46% suggests a favorable return on investment relative to the property’s net operating income.
FOR SALE DETAILS
PRICE
$775,000 USD
PRICE/SF
$216 USD /SF
# OF UNITS
4
PRICE/UNIT
$193,750
CAP RATE
Request Cap Rate
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
PARKING SPACES
4
LAND DETAILS
LAND ACRES
0.3 AC
LAND SF
13,068 SF
ZONING
R-1
APN/PARCEL ID
497-160-20
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559-288-8803
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559-288-8803
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