Description
This well-maintained 16-unit property located in the highly desirable city of Clovis presents a fantastic investment opportunity. Current monthly gross rents total $16,572, with significant potential to increase rents to match current market rates. The property is in turnkey condition, requiring minimal maintenance and providing a seamless transition for a new owner. With its prime location and steady income stream, there is significant upside potential for investors to capitalize on the growing demand in the area. The property is comprised of 16 2-bed, 1-bath units, each approximately 750 square feet. Additionally, there is an on-site laundry facility, adding convenience for residents and a potential revenue stream for the property owner. This is an excellent opportunity to acquire a prime asset in a sought-after market, offering both immediate cash flow and future growth potential.
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32BEDS
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0.62ACRES
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16BATHS
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01/2 BATHS
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12,000SQFT
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$258$/SQFT
School Information
Description
This well-maintained 16-unit property located in the highly desirable city of Clovis presents a fantastic investment opportunity. Current monthly gross rents total $16,572, with significant potential to increase rents to match current market rates. The property is in turnkey condition, requiring minimal maintenance and providing a seamless transition for a new owner. With its prime location and steady income stream, there is significant upside potential for investors to capitalize on the growing demand in the area. The property is comprised of 16 2-bed, 1-bath units, each approximately 750 square feet. Additionally, there is an on-site laundry facility, adding convenience for residents and a potential revenue stream for the property owner. This is an excellent opportunity to acquire a prime asset in a sought-after market, offering both immediate cash flow and future growth potential.
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