2201 Norris St Clovis, NM 88101
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 2201 Norris St
- Year built
- 1979
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a four-unit quadriplex located at 2201 N Norris Street in Clovis, New Mexico, 88101. Offered at $475,000, this property boasts significant value-add potential and ample space for future development. Built in 1979, the property comprises four individual units, each conveniently equipped with its own private garage. One unit features a unique loft space, adding to its appeal and rental potential. Market analysis indicates immediate opportunities to increase rental income on each unit. A brand new roof will be installed before closing, eliminating a significant expense for the new owner. The property's prime location in Clovis, Curry County, New Mexico, ensures strong tenant demand and long-term investment stability. This quadriplex represents a compelling investment for those seeking a property with immediate income generation and substantial upside potential. The property's address is precisely 2201 N Norris Street, Clovis, NM 88101, with coordinates 34.4204375 latitude and -103.1781612 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Curry
- State
- New Mexico
- Longitude
- -103.1781612
- Latitude
- 34.4204375