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    OFF-MARKET
    Commercial real estate

    1321 Davis St, Clovis, NM 88101

    Built 1947
    Property ID
    US61-0375878
    Property summary
    AI-generated overview

    This exceptional investment opportunity in Clovis, New Mexico, presents a rare chance to acquire a three-unit property situated on a sizable 7,000 square foot lot. The property, located at 1321 Davis Street, is classified as Special Purpose and boasts a charming 1947-built house featuring a recently remodeled kitchen. Adding to its appeal is a well-maintained duplex, offering one ground-level unit and one upstairs unit. This configuration provides excellent potential for rental income generation, making it an attractive proposition for investors seeking a diversified portfolio. The asking price for this turnkey investment is $150,000. The seller is open to considering all reasonable concessions, presenting a unique opportunity to negotiate favorable terms. The property's location in Clovis, NM, zip code 88101, within Curry County, offers convenient access to local amenities and services. This is a truly exceptional opportunity to acquire a well-maintained, income-producing property in a desirable location. Don't miss out on this chance to secure a strong addition to your investment portfolio. Serious inquiries are encouraged to schedule a viewing.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1947
    UPID US61-0375878
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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