Description

Turn-key 5-unit investment opportunity in a coveted Clovis location! This well-maintained property features one spacious 2BD/2BA unit and four 2BD/1BA units, all with attached parking. Availible seperate or with the neigboring 5 plexes 591 Ashlan and 571 Ashlan for 15 total units. 100% occupied with zero vacancy and a secure rent roll, current rents sit approximately 21% below market, offering a built-in value-add opportunity for the next owner in one of the hottest rental markets in the Valley. The Clovis market continues to see surging demand and rent growth, making this a rare chance to acquire a stabilized, upgraded multifamily asset with significant upside. Don't miss this opportunity to add a turn-key, income-producing property to your portfolio!

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Property information

Property type

Residential Income

Sub-type

Multi Family

Year built

1979

Living area

4,783 Sq Ft

Lot size

0.21 acres

Price / Sq Ft

$178

Days on market

52

Parcel number

43063227

Features

Cooling

Central Air

Parking

Covered

Foundation

Concrete Perimeter

Roof

Composition

Construction

Stucco

Sewer / Water

Public