Cottonwood Grove

732 North Clovis Avenue Clovis, CA 93611 151 Units
Cottonwood Grove

Investment Highlights

  • Expiring Affordable Covenants with Upside Potential Exceeding $1,000/Unit
  • High Quality Asset Built in 1992 with One-Car Garages & In-Unit Washer/Dryer
  • Significant Upside Opportunity with Welfare Tax Exemption
  • Elevated Living with Luxury Amenities
  • Prime Location in the Highly Coveted Clovis Unified School District
  • Near to Jobs, Shopping, & Restaurants
  • Compliant with Senate Bill 721 Building Standards

Property Description

The Mogharebi Group is pleased to present the opportunity to acquire Cottonwood Grove, a 151-unit, multifamily community located at 732 North Clovis Avenue in Clovis, California. Built-in 1992, this well-maintained, two-story property spans 9.5 acres and features 26 buildings. Approximately 20% of units are rent-restricted, potentially offering ad valorem tax savings.

Cottonwood Grove offers residents a diverse unit mix of studio, one-, two-, and three-bedroom floorplans with a large average unit size over 1,100 square feet. Each unit comes with vaulted ceilings, wood burning fire place*, full-sized washer/dryer, fully equipped kitchen with breakfast bar, and one-car garage. The pet-friendly, gated community offers an array of amenities, including a fully equipped fitness center, sundeck with grilling stations, two pools, spa, and clubhouse.

Conveniently located near an abundance of shopping, dining, and entertainment options, Cottonwood Grove ensures easy access to daily necessities. Situated within the Clovis Unified School District, residents benefit from a top-tier national award-winning district’s commitment to high-quality education, cutting-edge technology, and state-of-the-art facilities for academics, performing arts, and athletics. With its desirable amenities, proximity to local attractions, and access to top-tier schools, Cottonwood Grove offers a superior living experience that fosters tenant satisfaction and retention, making it an ideal choice for prospective residents.

Property Location
732 North Clovis Avenue
Clovis, CA 93611

Listing Advisors

Otto Ozen

Executive Vice President

(909) 235-7886
Otto@Mogharebi.com

CA Lic. #01030086

Brian Nakamura

Senior Vice President

(909) 235-7889
Brian@Mogharebi.com

CA Lic. #01953694

Nazli Santana

Vice President

(310) 908-7676
Nazli@Mogharebi.com

CA Lic. #01015922

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