849 Osmun Circle

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849 Osmun Circle

Clovis, CA 93612
Asking Price
$4.00M
Asset Type
Commercial Mixed-use
Class
Class B

What's Special

849 Osmun Circle, Clovis, CA 93612 <ul><li>​Prime Mixed-Use Development Opportunity in the City of Clovis</li><li>​Zoning: Mixed-Use (M-U Overlay), allowing a wide range of development options</li><li>​Permitted Uses: Multi-family, commercial, office, retail, and integrated mixed-use projects</li><li>​Residential Density: Entire site eligible for residential development at 15 to 25 units per acre.</li><li>​Flexible Development Paths: Supports stand-alone residential, stand-alone commercial/office/retail, or vertically mixed-use c

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NOI
$80,000
Cap Rate
2.00%
DSCR
0.34
Underwater
Cash-on-Cash
-13.12%
Monthly Payment
$19,789.818
Annual Cash Flow
$-157,477.81

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