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2400 E Llano Estacado Blvd
Clovis, NM 88101
Raintree Apartments · Multifamily Property For Sale · 192 Units

Investment Highlights

  • Opportunity to Increase Effective Gross Income over $350,000
  • Recently Constructed, Turn-Key Opportunity
  • Incredible Assumable Debt
  • Stable Tertiary Market with Strong Fundamentals

Property Facts

No. Units 192
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 16.42 AC
Building Size 166,240 SF
Average Occupancy 96%
No. Stories 2
Year Built 2017
Parking Ratio 1.76/1,000 SF

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Business Center
  • Fitness Center
  • Picnic Area
  • Playground
  • Pool
  • Spa
  • Gated
  • Grill
  • Storage Space
  • Lounge

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 64 - -
2+1 32 - -
2+2 80 - -
3+2 16 - -

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 121301310103200
  • 121301313404900
Land Assessment
$15,201
Improvements Assessment
$5,595,733
Total Assessment
$5,610,934
  • Listing ID: 23974490

  • Date on Market: 8/25/2021

  • Last Updated:

  • Address: 2400 E Llano Estacado Blvd, Clovis, NM 88101

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