$4,850,000
581 W Lincoln Clovis, CA 93612
Save Share 
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
See all 6 photos
6 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,850,000
Est. payment /mo
50 Beds
46 Baths
23,164 SqFt
UPDATED:
10/18/2024 07:00 PM
Key Details
Property Type Multi-Family
Sub Type 16 Units & More
Listing Status Pending
Purchase Type For Sale
Square Footage 23,164 sqft
Price per Sqft $209
MLS Listing ID 618527
Bedrooms 50
Year Built 1987
Lot Size 0.920 Acres
Property Description
The Clovis Portfolio consists of two properties, The Lincoln built in 1987 and Alder built in1964. This offers a savvy long-term investor the opportunity to purchase an asset in thecity of Clovis, one of California's most sought-after community. Below Market Rents: The market rents at both properties are below area comps. Our RentSurvey reveals at least another 35 cents per square foot is available with no additionalupgrades. Value-Add Opportunity: With upgrades, the future owner can achieve rent premiums asmuch as $50.00 to $100.00 per month. Access to Major Employment and Education Centers: The Clovis Portfolio is just eastof California State University- Fresno. To the south is freeway 168.
Location
State CA
County Fresno
Area 612
Interior
Heating Central Heat/Cool
Cooling Central Heat/Cool
Flooring Both
Fireplaces Type None
Exterior
Exterior Feature Wood, Brick
Garage Carport, Uncovered
Garage Spaces 6.0
Roof Type Composition
Parking Type Carport, Uncovered
Building
Story Multi/Split
Sewer Public Water
Water Public Water
Schools
Elementary Schools Cedarwood
Middle Schools Clark
High Schools Clovis
School District Clovis Unified
Read Less Info
Listed by Brendan Kane • Brendan Kane Real Estate
GET MORE INFORMATION