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Vista Del Loma Apartments 475 N Manila Ave 37 Unit Apartment Building £4,660,450 (£125,958/Unit) Fresno, CA 93727
INVESTMENT HIGHLIGHTS
- NEARBY ELEMENTARY SCHOOL FANCHER CREEK OF CLOVIS SCHOOL DISTRICT
- LOCATED NEAR CLOVIS AND KINGS CANYON SHOPPING CENTER — WALKING DISTANCE TO MAJOR SHOPPING RETAILERS
- FUTURE DEVELOPMENTS PLANNED FOR NEARBY TEMPERANCE AND 180
- Newly Renovated Units Include Updated Countertops, Cabinets and Flooring. These units have received an increase in rents above unrenovated units.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
| Price | £4,660,450 | Total Plot Size | 0.77 ac |
| Price Per Unit | £125,958 | Property Size | 34,900 sq ft |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 37 | No. Floors | 2 |
| Property Type | Build-to-Rent | Year Built | 1975 |
| Property Subtype | Apartment | Parking Allocation | 0.69/1,000 sq ft |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Costar Property Class | C | ||
| Use Class | R-2 - Apartments | ||
| Price | £4,660,450 |
| Price Per Unit | £125,958 |
| Sale Type | Investment |
| No. Units | 37 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Costar Property Class | C |
| Total Plot Size | 0.77 ac |
| Property Size | 34,900 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1975 |
| Parking Allocation | 0.69/1,000 sq ft |
| Opportunity Zone |
Yes |
| Use Class | R-2 - Apartments |
AMENITIES
UNIT AMENITIES
- Balcony
- Heating
- Kitchen
- Walk-In Closets
- Pantry
- Patio
SITE AMENITIES
- Laundry Facilities
- Pool
- Property Manager on Site
- Recycling
- Smoke Free
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 35 | £1,074 | 900 |
| 3+1 | 1 | £1,467 | 1,200 |
| Studios | 1 | £815.02 | 450 |
1 1
PROPERTY TAXES
| Parcel Number | 313-291-09 | Improvements Assessment | £1,271,074 |
| Land Assessment | £96,239 | Total Assessment | £1,367,314 |
PROPERTY TAXES
Parcel Number
313-291-09
Land Assessment
£96,239
Improvements Assessment
£1,271,074
Total Assessment
£1,367,314
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Vista Del Loma Apartments | 475 N Manila Ave
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