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    OFF-MARKET
    Commercial real estate

    1120 Sheldon St, Clovis, NM 88101

    Built 1937
    Property ID
    US61-0479803
    Property summary
    AI-generated overview

    This exceptional investment opportunity awaits at 1120 Sheldon Street, Clovis, New Mexico, 88101. This charming multi-family property, built in 1937, offers two distinct units, presenting a compelling prospect for both seasoned investors and those entering the real estate market. The property boasts a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit, providing comfortable and functional living spaces for tenants. Currently occupied, the property generates immediate rental income, showcasing its strong appeal within the Clovis rental market. Located in Curry County, this property is ideally situated to benefit from the area's growth and demand for rental housing. The asking price is $124,000, representing a solid return on investment potential. This property offers a blend of location convenience, practical amenities, and proven income-generating potential, making it an attractive addition to any real estate portfolio. Don't miss this chance to own a piece of Clovis's vibrant community and secure a promising future in real estate. The property's strong tenant occupancy history further underscores its stability and potential for long-term growth.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1937
    UPID US61-0479803
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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