Renovated 6-Unit Apartment
For Sale
$499,900
1000 Ash St, Clovis, NM 88101
Six fully stabilized residential units feature 2019 roof improvements and recent interior updates, with utilities individually metered.
Property Size4,950 SF
Price / SF$100.99
Days on Market95
Property Features for 1000 Ash St
General Information
Standard status
Active
Size
4,950 SF
Property subtype
Multi-Family
Building Details
Year Built
1976
Listing Agency:
SAGEBRUSH REAL ESTATE
Listed By:
LYLE QUILLIN · License #54355
Source:
Cloviscannonhomes
Added: Jul 21
Changed: Oct 6
Last Checked: Oct 21 at 2:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SAGEBRUSH REAL ESTATE
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Investment Insights
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This fully stabilized 6-plex includes four 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. The property received a quality roof installed in 2019, and the exterior has been recently painted. Unit renovations include new flooring, updated kitchens, baseboards, lighting, and other interior improvements. Utilities are individually metered for gas, electric, and water, and the owner does not pay utilities.
The building is located at 1000 Ash Street in Clovis, NM and is described as being steps from Hillcrest Park. The offering notes strong rents and low vacancy, supported by the existing unit mix and recent renovations.
As configured, the asset provides a straightforward income-producing setup with a total of six apartments and individually metered utilities.
The building is located at 1000 Ash Street in Clovis, NM and is described as being steps from Hillcrest Park. The offering notes strong rents and low vacancy, supported by the existing unit mix and recent renovations.
As configured, the asset provides a straightforward income-producing setup with a total of six apartments and individually metered utilities.
Key Highlights
- Fully stabilized 6‑plex with 4 units (2 bed/1 bath) and 2 units (1 bed/1 bath)
- Quality roof installed in 2019
- Units are individually metered for gas, electric, and water
Property Analytics
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Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
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Demographics for 88101, NM
45,651
Population
19,798
Households
2.3
Avg Household Size
33
Median Age
21%
College-Educated
82%
High-School Grad
539.3 sq mi
ZIP Area
85
Density / Sq Mi
$55,349
Median Household Income
$35,816
Median Earnings
$991
Median Rent
$162,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Six fully stabilized residential units feature 2019 roof improvements and recent interior updates, with utilities individually metered.
Where is this apartment building located?
The property is located at 1000 Ash St Clovis, NM.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Fully stabilized 6‑plex with 4 units (2 bed/1 bath) and 2 units (1 bed/1 bath); Quality roof installed in 2019; Units are individually metered for gas, electric, and water
