Turnkey 5-Unit Apartment
69 West Beverly Avenue Unit 101 Clovis, CA 93612
69 West Beverly Avenue Unit 101, Clovis, CA, 93612
$1,225,000
For Sale
$1,225,000
Well-maintained 5-unit multifamily property with one 3-bedroom unit and four 2-bedroom units.
Property Size4,160 SF
Price / SF$294.47
Days on Market364
Property Features for 69 West Beverly Avenue Unit 101
General Information
- Standard status
- Active
- Size
- 4,160 SF
- Property subtype
- Multi Family / 5 to 15 Units
Building Details
- Year Built
- 1980
Listing agency
Keller Williams Fresno
(559) 779-1504
Listed by
Jared Martin · License #01319553
(559) 779-1504
Source
Compass
Added: Jul 25, 2025 Updated: Jul 22 at 10:39PM Checked: Jul 22 at 10:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Fresno
Investment Insights
Based on property information with market context.
This turnkey 5-unit apartment building offers a mix of unit types, including one 3-bedroom, 2-bathroom unit and four 2-bedroom, 1-bathroom units. The property is described as impeccably maintained and includes recent renovations such as new cabinets, resilient countertops, contemporary flooring, updated doors, refreshed bath and shower enclosures, and energy-efficient windows.
The building is located at 69 West Beverly Avenue (Unit 101), Clovis, and is noted to be within the Clovis High School attendance area. The public remarks also describe convenient access to local amenities and daily needs, including a Walmart Supercenter, Freeway 168, Rotary Park, Old Town Clovis, the Farmers Market, and Sierra Vista Elementary School.
For buyers seeking a straightforward income property configuration, the on-site unit mix and renovation updates support a turnkey presentation.
The building is located at 69 West Beverly Avenue (Unit 101), Clovis, and is noted to be within the Clovis High School attendance area. The public remarks also describe convenient access to local amenities and daily needs, including a Walmart Supercenter, Freeway 168, Rotary Park, Old Town Clovis, the Farmers Market, and Sierra Vista Elementary School.
For buyers seeking a straightforward income property configuration, the on-site unit mix and renovation updates support a turnkey presentation.
Key Highlights
- Well‑maintained 5‑unit multifamily at 69 W Beverly Drive, Clovis, CA, built in 1980
- Unit mix: 1 unit with 3 bedrooms / 2 bathrooms plus 4 units with 2 bedrooms / 1 bathroom
- Central heat/cool throughout; no fireplace
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $104.8k | $25.20 |
| − Vacancy | −$5.8k | −$1.39 |
| EGI | $99.1k | $23.81 |
| − OpEx | −$44.6k | −$10.72 |
| NOI | $54.5k | $13.10 |
4,160 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$778.4K
$681.1K – $908.1K
NOI $54,486 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$917.0K – $1.22M
NOI $73,362 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained 5-unit multifamily property with one 3-bedroom unit and four 2-bedroom units.
Where is this apartment building located?
The property is located at 69 West Beverly Avenue Unit 101 Clovis, CA.
What is the asking price?
The asking price for this property is $1,225,000.
What are key features of this property?
This property features: Well‑maintained 5‑unit multifamily at 69 W Beverly Drive, Clovis, CA, built in 1980; Unit mix: 1 unit with 3 bedrooms / 2 bathrooms plus 4 units with 2 bedrooms / 1 bathroom; Central heat/cool throughout; no fireplace
