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29616113
29616114

8220 N Fowler Ave, Clovis, CA 93619

DD
CA 02075026
Universal Lending and Realty
Listed by Universal Lending and Realty
$2,250,000
118 days on market
Updated 9 days ago

8220 N Fowler Ave Clovis , CA 93619

Details
APN 559-040-50
Property Type Land, Multifamily
Sub Type Agricultural, Residential
Square Footage 3,426
Units 2
Cap Rate 0.16%
NOI $3,500
Occupancy 100%
Price per SqFt $657
Year Built 1958
Buildings 2
Stories 1
Acreage 8.590
Zoning A1
Investment Type Redevelopment
Occupancy Date 01/01/2024

Land | 8.59 acres

Marketing description

This 5 bedroom, 2 bath Ranch style home sits on 8.59 acres in a rural setting just North of the Clovis City Limit. The house features a rustic dining room-den area with brick fireplace, a sunny glass enclosed patio, and has a separate mother-in-law arrangement. With a total of 5 car enclosed parking. Horses are allowed. Fenced and cross fenced. Close to development area, Lots of potential for rezoning and/or subdividing in the near future. Buyer to verify rezoning and/or subdividing ability.

Investment highlights

PRICE REDUCTION! NOW $2,250,000 Prime location...new development area. Tenants pay month to month total $4,500.00/per month.

Seller note: Please DO NOT disturb tenant. Tenant does not know property is for sale yet. Tenant would like to stay. Home is on well and septic, newer roof, house for sale AS-IS. GOOD condition.

Lot size is 8.59 Acres / per tax recording office.

Owner can carry note for this property.

Listing Contacts

DD
CA 02075026
Universal Lending and Realty
Listed by Universal Lending and Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$3,500.00
$291.67/mo

Valuation Metrics

0
DSCR
0.16%
Cap Rate
0.16%
ROI

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Additional Information

Name
Donna Deegan
License
02075026
Brokerage
Universal Lending and Realty
Brokerage Phone
5592170703
Title
Real Estate Sales Associate/Loan Officer
Brokerage Address
1522 Shaw Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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