1320 Mission Drive

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

1320 Mission Drive

Clovis, NM 88101
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential multifamily building featuring two individual rental units.
  • Located on Mission Drive in the city of Clovis.
  • Property sits within the growing regional market of New Mexico.
  • Suitable asset for small-scale residential portfolio expansion strategies.
  • Positioned in a region supported by local economic drivers.

What's Special

This two-unit multifamily apartment building sits at 1320 Mission Drive in Clovis, New Mexico. The property provides a residential investment opportunity within a regional hub known for its agricultural roots and proximity to Cannon Air Force Base. As a compact asset, this building is suited for investors looking to expand their hold in the local rental market or for those seeking a manageable entry point into multifamily ownership. Clovis serves as a central commercial trade area for the eastern plains of New Mexico, benefitting from steady demand driven by military personnel and regional workforce needs. The property occupies a functional footprint that aligns with the requirements of long-term residential tenants in this expanding suburban setting.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times