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$ 5,950,000
Est. payment /mo
New
1491 Alluvial Clovis, CA 93611
8 Beds
8 Baths
1.04 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID FR26207126
Bedrooms 8
Lot Size 1.040 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
An extraordinary investment opportunity in Clovis, CA with a pristine, 2024-built 12-unit multifamily complex. Situated in the highly sought-after Buchanan High School attendance area, a community synonymous with quality education and enduring value, this property represents a rare chance to acquire new, premium construction. What sets it apart even further is the inclusion of owned solar panels, a forward-thinking feature that significantly reduces energy expenses and enhances long-term profitability. The property presents a blend of unit types. You'll find two generously sized 3-bedroom, 2-bathroom residences, each paired with a convenient 1-car detached garage. Alongside these are ten stylish 2-bedroom, 2-bathroom units, each also boasting its own dedicated 1-car detached garage. Every apartment is equipped with in-unit laundry hookups, a must-have amenity for modern tenants. The strategic location is a story in itself, offering residents a lifestyle of ease and connectivity. The walkability to Century Elementary School. Moreover, the close proximity to the California Health Sciences University (CHSU) College of Osteopathic Medicine, Clovis Community Hospital, Dry Creek Park, Clovis Botanical Garden, and major transportation routes like Highway 168 ensures that work, healthcare, and travel are all within easy reach. Daily conveniences are just a short trip away, with Save Mart and Vons serving the neighborhood's needs. Financially, this turnkey 2024 development is positioned for success. Based on owner-provided figures, the estimated gross annual rental income reaches $3
Location
State CA
County Fresno
Zoning Seller
Direction From Freeway 168 and Fowler: Head north on Fowler to Alluvial; Head west on Fowler to the property
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 56314235
Acceptable Financing Cash
Listing Terms Cash
Virtual Tour https://media.reesphoto.pro/videos/01a042e3-0ed8-73ac-acec-3c95e62c66c7?v=297
Listed by Jared Martin, DRE#01319553 Strong Holdings Inc
NEARBY SCHOOL & BUSINESS