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25 San Jose Ave
Clovis, CA 93612
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Clovis submarket, a desirable area within the Fresno metro known for strong rental demand and tenant stability.
- The pro forma cap rate of 5.46% suggests a favorable return on investment relative to the property’s net operating income.
- 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.
Property Facts
| No. Units | 4 | Lot Size | 0.30 AC |
| Property Type | Multifamily | Building Size | 3,600 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.12/1,000 SF |
| Zoning | R-1 - Apartments | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 3,600 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | R-1 - Apartments |
Amenities
Unit Amenities
- Dishwasher
- Disposal
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 900 |
Property Taxes
| Parcel Number | 497-160-20 | Improvements Assessment | $180,397 |
| Land Assessment | $61,567 | Total Assessment | $241,964 |
Property Taxes
Parcel Number
497-160-20
Land Assessment
$61,567
Improvements Assessment
$180,397
Total Assessment
$241,964
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