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Vista Del Loma Apartments 475 N Manila Ave 37 Unit Apartment Building $8,780,337 CAD ($237,306 CAD/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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $8,780,337 CAD | Lot Size | 0.77 AC |
| Price Per Unit | $237,306 CAD | Building Size | 34,900 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 37 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1975 |
| Property Subtype | Apartment | Parking Ratio | 0.69/1,000 SF |
| Apartment Style | Garden | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-2 - Apartments | ||
| Price | $8,780,337 CAD |
| Price Per Unit | $237,306 CAD |
| Sale Type | Investment |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.77 AC |
| Building Size | 34,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 0.69/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | 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/MO | SF |
|---|---|---|---|
| 2+1 | 35 | $2,024 CAD | 900 |
| 3+1 | 1 | $2,764 CAD | 1,200 |
| Studios | 1 | $1,536 CAD | 450 |
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PROPERTY TAXES
| Parcel Number | 313-291-09 | Improvements Assessment | $2,417,345 CAD |
| Land Assessment | $183,029 CAD | Total Assessment | $2,600,374 CAD |
PROPERTY TAXES
Parcel Number
313-291-09
Land Assessment
$183,029 CAD
Improvements Assessment
$2,417,345 CAD
Total Assessment
$2,600,374 CAD
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Vista Del Loma Apartments | 475 N Manila Ave
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