541 W Ashlan Ave Clovis, CA 93612
New
Well-maintained 5-unit apartment building in high-demand Clovis location.
Lot size:
0.19 AcresProperty Features for 541 W Ashlan Ave
General Information
- Interior features
- Interior Feature 1, : "Central Heat/Cool"
- Exterior features
- exterior_features, : ["Public Utilities", "Composition"]
- Lot size
- 0.19 Acres
Building Details
- Year built
- 1978
Source: eXp Realty of Northern California
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Clovis Multifamily Investment Opportunity
This well-maintained 5-unit apartment building presents an income-producing opportunity in a high-demand Clovis location. The property features a 5.2% cap rate, steady rents, and long-term performing tenants. The unit mix comprises four 2-bedroom, 1-bathroom units and one upgraded 2-bedroom, 2-bathroom unit. Each unit includes a carport and patio. On-site laundry facilities are available for tenant convenience. The property is situated near grocery stores, coffee shops, schools, and major commuter routes, providing quick access to the airport. The strong rental demand and tenant base make this property a potential addition to an investment portfolio.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Fresno
- State
- California
- Longitude
- -119.7210718
- Latitude
- 36.794295
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FAQs
What type of property is this?
Apartment building - Well-maintained 5-unit apartment building in high-demand Clovis location.
Where is this apartment building located?
The property is located at 541 W Ashlan Ave Clovis, CA.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: - High-demand Clovis location with an excellent income-producing opportunity boasting a 5.2% cap rate.; - Well-maintained 5-unit apartment building with steady rents and long-term performing tenants.; - Attractive unit mix includes four 2BD/1BA units and one upgraded 2BD/2BA unit.