Alamos Gardens Apartments 2205 Peach Ave 59 Unit Apartment Building $9,801,337 CAD ($166,124 CAD/Unit) Clovis, CA 93612

Alamos Gardens is a 59-unit apartment community offered exclusively by Northmarq — a rare opportunity to acquire a stabilized, income-producing asset with meaningful upside in one of California’s fastest-growing rental markets.
STABILIZED ASSET WITH IMMEDIATE RENTAL UPSIDE
Strong in-place occupancy minimizes lease-up risk from day one. Rents are currently below market, offering investors a clear path to enhanced yield through modest rate
adjustments and full recovery of loss-to-lease — with no heavy lifting required.
PROVEN VALUE-ADD BLUEPRINT IN PLACE
Nearly half the community — 29 units — had been renovated with resurfaced countertops, refinished cabinetry, new appliances, modern fixtures, and two-tone paint, already commanding a premium. The remaining units represent a clear, executable path to additional NOI growth.
HIGH-TRAFFIC LOCATION WITH STRONG RETAIL CORRIDOR
The property fronts Peach Avenue with over 11,500 vehicles per day — exceptional visibility that supports long-term demand. Residents are within 1.5 miles of The Center Clovis, Sierra Vista Mall, and Sierra Pavilions, putting premier retail, dining, and services at their doorstep.
PRIME LOCATION IN A TOP-RANKED SCHOOL DISTRICT
Situated in one of Clovis’s most sought-after neighborhoods, Alamos Gardens is served by top-ranked schools — Alta Sierra Intermediate, University High, and Buchanan High — a powerful draw for family renters and a proven driver of occupancy stability. California State University, Fresno is just 7 minutes away, broadening the renter pool further.
MINUTES FROM CLOVIS’S LARGEST EMPLOYERS
The community sits 10 minutes from Clovis Unified School District (5,100+ employees) and 11 minutes from Clovis Community Medical Center (1,700+ employees) — two recession-resilient employers anchoring steady renter demand. Walmart, Big Lots, Taco Bell, and more are within walking distance, adding everyday convenience that renters value.