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Jenn Smart

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1491 Alluvial , Clovis, CA 93611
$5,950,000
Est. Payment: $13,222.22/mo
26 Bed
24 Bath
14122 Sqft
1.04 Acres
Status: active | Days on site: 22
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House Description

An extraordinary investment opportunity in Clovis, CA with a pristine, 2024-built 12-unit multifamily complex. Situated in the highly sought-after Buchanan High School attendance area, a community synonymous with quality education and enduring value, this property represents a rare chance to acquire new, premium construction. What sets it apart even further is the inclusion of owned solar panels, a forward-thinking feature that significantly reduces energy expenses and enhances long-term profitability. The property presents a blend of unit types. You'll find two generously sized 3-bedroom, 2-bathroom residences, each paired with a convenient 1-car detached garage. Alongside these are ten stylish 2-bedroom, 2-bathroom units, each also boasting its own dedicated 1-car detached garage. Every apartment is equipped with in-unit laundry hookups, a must-have amenity for modern tenants. The strategic location is a story in itself, offering residents a lifestyle of ease and connectivity. The walkability to Century Elementary School. Moreover, the close proximity to the California Health Sciences University (CHSU) College of Osteopathic Medicine, Clovis Community Hospital, Dry Creek Park, Clovis Botanical Garden, and major transportation routes like Highway 168 ensures that work, healthcare, and travel are all within easy reach. Daily conveniences are just a short trip away, with Save Mart and Vons serving the neighborhood's needs. Financially, this turnkey 2024 development is positioned for success. Based on owner-provided figures, the estimated gross annual rental income reaches $358,080, with an anticipated net operating income (NOI) of $239,914. The owned solar system isn't just an amenity; it's a strategic asset that contributes directly to the property's financial performance and appeal. This is your moment to acquire a high-quality, strategically located multifamily asset in a dynamic and high-demand Central Valley market.

Highlights

Listed by Jared Martin , 559-779-1504 Strong Holdings Inc , 559-320-0600. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
1.04

Year Built

2024

County

Fresno

Listing ID

FR26207126

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:26
  • ▪ Bathrooms:24
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:27
Roof:Spanish Tile
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Asphalt,Door-Single,Garage
Principal Interest
$13,222
Taxes
$3,793

Home Price

$5,950,000

Loan Details

30 yrs
0%

Down Payment

20%
$1,190,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,222.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,222.22 $3,793.13 $0.00 $17,015.35
Yearly $158,666.67 $45,517.50 $0.00 $204,184.17
Total $4,760,000.00 $1,365,525.00 $0.00 $6,125,525.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Clovis, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-14T03:37:04.000Z

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