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12-Unit Apartment Building
For Sale
$1,500,000

117 Townsgate Plz, Clovis, NM 88101

Apartments offer one-bedroom layouts, in-unit laundry, and updates to flooring, HVAC, and water heaters in many units.

Property Size10,240 SF
Price / SF$146.48
Days on Market21

Property Features for 117 Townsgate Plz

General Information

Standard status Active
Size 10,240 SF
Property subtype Multi Family Home

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Taxes and HOA fees

Annual Taxes $11,791

Amenities

in-unit laundry
Ceiling Fan(s)
Vaulted Ceiling(s)
Detector - Smoke/Heat

Building Details

Building Size 10,240 SF
Year Built 2007
Buildings 1
Listing Agency: Southwest Real Estate
Listed By: Robin Myers · License #20230636
Source: Bigcountryrealty
Added: Oct 14 Changed: Oct 31 Last Checked: Oct 31 at 2:26PM

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 Southwest Real Estate

Rey
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Investment Insights

Based on property information with market context.

Built in 2007, this 12-unit apartment property contains 10,240 square feet. Each apartment has a one-bedroom, one-bathroom layout and in-unit laundry. Flooring, HVAC systems, and water heaters have been updated in many units.

Restaurants and shopping are nearby. The adjacent lot has space for construction of a matching complex.

Key Highlights

  • 12 apartments, each with a 1‑bedroom, 1‑bathroom floor plan
  • 10,240 square feet; built in 2007
  • In‑unit laundry in every apartment

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Apartments offer one-bedroom layouts, in-unit laundry, and updates to flooring, HVAC, and water heaters in many units.
Where is this apartment building located?
The property is located at 117 Townsgate Plz Clovis, NM.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12 apartments, each with a 1‑bedroom, 1‑bathroom floor plan; 10,240 square feet; built in 2007; In‑unit laundry in every apartment
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