Description
Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 5.2% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio.
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10BEDS
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0.19ACRES
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6BATHS
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01/2 BATHS
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4,783SQFT
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$190$/SQFT
School Information
Description
Excellent income-producing opportunity in a high-demand Clovis location. This well-maintained 5-unit apartment building offers a 5.2% cap rate, steady rents, and long-term performing tenants. The property includes four 2BD/1BA units and one upgraded 2BD/2BA unit, each with its own carport and patio. Additional features include on-site laundry for tenant convenience. Located near grocery stores, coffee shops, schools, and major commuter routes with quick access to the airport. Strong rental demand and a tenant base make this a reliable addition to any investment portfolio.
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