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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 30020 sqft
Garage No
Taxes $6,541
Days Active 416
Lot Size 
Approx. Age 1987
Avg. Price Per Sqft $157
MLS® Number 1064929

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This 52-unit community is nestled in tall pines trees on a cul-de-sac just a short distance to the foothills of the Sacramento mountains and short drive to New Mexico's iconic White Sands national monument.The area economy is driven by the military (Holloman air force base, hope to the 54th Fighter group and the MQ-9 Reaper/Predator Drones.)Built in 1986-1987, this 52 unit community has solid 2''x6'' construction, higher end finishes and vaulted ceilings in the upstairs units. The property contains 24 studios, 24 x 1 bedroom/1 bathrooms and 4 two bedrooms, two of which have garages.Based on an ask price of $4, 724, 000 the current average rents of $821 per month, the property's measures of investment performance include a 9.22 GRM, 7.50% cap rate before reservesShow Description
MLS® Number1064929
Laundry Level
Central VacNo
FireplaceNo
Acreage1.98
ExteriorLandscaping
GarageNo
Approx. Age1987
Basement
Driveway
Garage Spaces
HeatCentral, Forced Air
A/C
Heating Fuel

Extras

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