1063 Pierce Dr - Apartments FOR SALE


Clovis, CA 93612- East Fresno
$1,800,000 USD
559-288-8803
1063 Pierce Dr, Clovis, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/7
null | 5.36% Cap Rate

1063 Pierce Dr
Clovis, CA 93612
East Fresno


HIGHLIGHTS

  • LOCATED IN THE CITY OF CLOVIS
  • RARE OPPORTUNITY TO ACQUIRE A PROPERTY IN THIS LOCATION
  • RECENTLY RENOVATED

OVERVIEW

Northmarq is pleased to provide a unique opportunity to acquire eight units in the highly desired City of Clovis. The unit mix is one – one bed, one bath unit at 600 square feet and seven – two bed, one bath units at 700 square feet for total of 5,500 net rentable square feet. Built in 1977, Pierce has undergone major renovations over the last several years. Features include fireplaces, onsite parking and storage, HVAC and tiled pitch roofs. Just east of Fresno State and Hwy 168, Pierce provides convenience and yet located on a quiet street. Pierce is located in the highly desired Clovis Unified School District.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$224 USD /SF

# OF UNITS

8

PRICE/UNIT

$225,000

CAP RATE

5.36%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pierce Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

24,002 SF

ZONING

R3, Clovis

APN/PARCEL ID

420-062-05

ASK ABOUT THIS PROPERTY

Robin KaneNorthmarqMore Info
559-288-8803

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Robin KaneNorthmarqMore Info
559-288-8803

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.