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The Helm Apartments is in a prime location of Clovis/Fresno area. Only blocks away from Cal State University Fresno, Whole Foods, Super Wal-Mart, Target & Fashion Fair Mall. This investment is for sale with the adjacent 8-plexes for a total of 32 units, four 8-plexes each with its' own APN# (see 1 Helm Avenue). Excellent configuration with 2BD/1BA units. All units are approximately 810+ sqft with private patio/yard space. The rental demands for the Helm Apartments are high due to excellent location, schools, and good condition. Make this trophy property a part of your investment portfolio. Approximately 11.4 GRM and around 7.7% Cap Rate. Laundry facility for each building is operational. Matured landscaping that is low maintenance. The building has a locked security fence and 1:1 parking ratio plus additional street parking. This garden style apartment is considered to be in the top neighborhood of Fresno/Clovis area with easy access to Highway 168, 41, and 99

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thought you might be interested in the following property:

1064 1076 Helm Avenue

Clovis, CA 93612

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1064 1076 Helm Avenue

Clovis, CA 93612

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1064 1076 Helm Avenue

Clovis, CA 93612

[GET DIRECTIONS]


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1064 1076 Helm Avenue

Clovis, CA 93612

$1,375,000

Listed On 01/03/2017

Status: Active

32 Bed / 16 Bath
12,800 Square Feet (PER TAX RECORDS)
0.45 Acres (PER TAX RECORDS)

Listing #475236 (FRESNO MLS)

LONDON PROPERTIES, LTD.

Realtor® / Lic. #00463722

559.436.4071

info@londonproperties.com

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London


[GET DIRECTIONS]

1064 1076 Helm Avenue

Clovis, CA 93612

1064 1076 Helm Avenue

Clovis, CA 93612

[GET DIRECTIONS]


Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

Presented By:

London Properties, Ltd.

(559) 436-4071

Email London

$1,375,000 32 Bed / 16 Bath 12,800 Square Feet (PER TAX RECORDS) 0.45 Acres (PER TAX RECORDS) Status: Active Listing #475236 (FRESNO MLS) Listed On 01/03/2017

The Helm Apartments is in a prime location of Clovis/Fresno area. Only blocks away from Cal State University Fresno, Whole Foods, Super Wal-Mart, Target & Fashion Fair Mall. This investment is for sale with the adjacent 8-plexes for a total of 32 units, four 8-plexes each with its' own APN# (see 1 Helm Avenue). Excellent configuration with 2BD/1BA units. All units are approximately 810+ sqft with private patio/yard space. The rental demands for the Helm Apartments are high due to excellent location, schools, and good condition. Make this trophy property a part of your investment portfolio. Approximately 11.4 GRM and around 7.7% Cap Rate. Laundry facility for each building is operational. Matured landscaping that is low maintenance. The building has a locked security fence and 1:1 parking ratio plus additional street parking. This garden style apartment is considered to be in the top neighborhood of Fresno/Clovis area with easy access to Highway 168, 41, and 99
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General Information
Property Type Multi Family Property Subtype(s) 16 Units & More
Price Per Sq. Ft. $107.42 Days On Market/Cumulative Days On Market 177/177
APN 420 141 05[PARCEL MAP] Year Built 1971
County Fresno Area 612
Region Suburban # of Units 16
# of Buildings 2 # of Stories Two
Facilities Play Yard, Utility Room Sewer/Water Public Water, Public Sewer
Gas & Electric Public Utilities Cross Streets W Barstow Avenue
Directions 99 to Hwy 168 E/Clovis/Huntington Lake. Exit and Right on Shaw Avenue. Left on Willow Avenue. Right on W Barstow Avenue. Left on Helm Avenue. Special Features Extra Storage, On-Site Manager
Leased Equipment Washer/Dryer (s)    
Property Type Multi Family
Property Subtype(s) 16 Units & More
Price Per Sq. Ft. $107.42
Days On Market/Cumulative Days On Market 177/177
APN 420 141 05[PARCEL MAP]
Year Built 1971
County Fresno
Area 612
Region Suburban
# of Units 16
# of Buildings 2
# of Stories Two
Facilities Play Yard, Utility Room
Sewer/Water Public Water, Public Sewer
Gas & Electric Public Utilities
Cross Streets W Barstow Avenue
Directions 99 to Hwy 168 E/Clovis/Huntington Lake. Exit and Right on Shaw Avenue. Left on Willow Avenue. Right on W Barstow Avenue. Left on Helm Avenue.
Special Features Extra Storage, On-Site Manager
Leased Equipment Washer/Dryer (s)

Property/Unit Features
Heating & Cooling Central Heat/Cool Fireplace None
Stove All units Refrigerator All Units
Dishwasher All Units Garbage Disposal All units
Heating & Cooling Central Heat/Cool
Fireplace None
Stove All units
Refrigerator All Units
Dishwasher All Units
Garbage Disposal All units

School Information
School District Clovis Unified Elementary School Sierra Vista
Junior High School Clark High School Clovis
School District Clovis Unified
Elementary School Sierra Vista
Junior High School Clark
High School Clovis

Interior
Flooring Concrete    
Flooring Concrete

Exterior
Lot Acres (approx) 0.45 (per Tax Records) Lot Sq Ft (approx) 19,760 (per Tax Records)
Parking Features Carport Garage Spaces 0
Roofing Composition Exterior Stucco, Wood
Yard Features Fenced, Mature Landcsape Spa No
Pool No    
Lot Acres (approx) 0.45 (per Tax Records)
Lot Sq Ft (approx) 19,760 (per Tax Records)
Parking Features Carport
Garage Spaces 0
Roofing Composition
Exterior Stucco, Wood
Yard Features Fenced, Mature Landcsape
Spa No
Pool No

Miscellaneous Data
Reports Available Leases, Profit & Loss REO/Bank Owned No
Annual Income $158,787.50 Annual Expense $35,875.00
Net Income $122,912.50 Tenant Pays Electricity, Gas, Cable TV
Income Includes Unit Rent, Laundry Expenses Include Management, Gardener, Insurance, Accounting/Legal, Gas, Electric, Water, Sewer
Sources of Inc/Exp Property Manager    
Reports Available Leases, Profit & Loss
REO/Bank Owned No
Annual Income $158,787.50
Annual Expense $35,875.00
Net Income $122,912.50
Tenant Pays Electricity, Gas, Cable TV
Income Includes Unit Rent, Laundry
Expenses Include Management, Gardener, Insurance, Accounting/Legal, Gas, Electric, Water, Sewer
Sources of Inc/Exp Property Manager

Courtesy of Robert Balina, Synergize Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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