317 Gayland Drive, Clovis, NM 88101
- Added:
- Jun 30, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 6 at 6:06 pm
Property Features for 317 Gayland Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Appliances
- Free-Standing Range, Refrigerator
- Standard status
- Pending
- APN
- 1210012194051
- Size
- 3,249 SF
- Lot size
- 0.29 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- Echols Acres #2 W. 78' of Lot 14
- Tax Annual Amount
- 1853
Utilities
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
Building Details
- Floors in Building
- 1
- Number of units
- 4
- Building materials
- Brick
- Roof type
- Metal
Listing agent Jerry Cass License #14145 (575) 799-5304
Listing office Town & Country Real Estate, Inc. 521 N Main Suite A, Clovis, NM (575) 762-7776
Listing date Jun 30, 2026
Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 4‑plex with long‑term tenants
- Seller‑projected cap rate of 12% if rents are adjusted to $750/mo
- Natural gas heating
- Cooling provided by window unit(s)
- Stucco exterior with a metal roof
- Includes free‑standing range and refrigerator
Overview
Located at 317 Gayland Drive in Clovis, New Mexico (Curry County), the property is a straightforward rental asset in an established residential setting. The listing notes that the existing rental rates are in place with long-term occupancy, and it highlights that rent levels could be adjusted based on current market direction.
The seller’s remarks indicate that adjusting rental rates to $750 per month would support a cited cap rate of 12%. While underwriting would be confirmed by a buyer, the stated premise gives investors a clear basis for evaluating achievable income relative to purchase price. For tenants or brokers, the key takeaway is a maintained four-unit configuration with established occupancy rather than a value-add repositioning that depends on major building changes.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Curry
- State
- New Mexico
- Longitude
- -103.225203
- Latitude
- 34.420743
