Listed by Northmarq
$1,399,000
Pierce Apartments
Details
APN 420-062-05
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,500
Net Rentable (SqFt) 5,500
Units 8
Cap Rate 6.67%
NOI $100,106
Price per SqFt $254
Year Built 1977
Buildings 1
Stories 1
Lot Size (SqFt) 24,002
Parking Spaces 10 spaces
Parking per 1,000 SqFt 1.82
Multifamily | 8 Units | $174,875/unit
Marketing description
SELLER MUST SELL, SUBMIT ALL OFFERS. Highly desired location in the city of Clovis. Tile roofs, fireplaces, pool all located in a quiet neighborhood. Renovated interiors.
Investment highlights
Highly Desired Clovis Location
Tile Roofs, Onsite Parking
Below Market Rents
Recent Renovations
Excellent Unit Mix
Listing Contacts
Listed by Northmarq
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$100,106.00
$8,342.17/mo
Valuation Metrics
0
DSCR
7.16%
Cap Rate
7.16%
ROI
Map
Zoning
R-3 ResidentialMulti FamilyMultifamily High Density Residential
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 72 uses
View all 72 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?
