bedrooms
1
bathrooms
0
square feet
3,275
Acreage
0.2
Open Houses
-
year built
1949
Full Baths
0
Half Baths
0
This stunning 6-plex, nicknamed ''The Tall Pines'', due to the remarkable large pine trees that encapsulate this property, is a must see. Designed in a horseshoe/U pattern, it allows for a shared common area which residents love to take advantage of. Easy to find and situated off S. Solano, between Idaho and Boutz, this revitalized 6-unit property is just 1 mile from NMSU and 2 miles from downtown, offering ease of travel for anyone attending NMSU or someone wanting to take advantage of the amazing eateries and breweries located downtown. Measures of investment performance at list price of $671,260 and with average rent of $787 include GRM of 11.85, Before Reserves Cap rate of 5.70% and after tax IRR of 10.50%.
Location | |
Subdivision | Subd: C L Andrews Lot: 1 S: 20 T: 23s R: 2e Inst # 2218114 Pt Of Lt 1 |
County | Dona Ana |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 1057908
Listing agent:
Todd D Clarke
#13711
Listing broker:
Nm Apartment Advisors Inc.
(505) 440-8633
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, November 19 2024 at 7:52 p.m. EST
Kotohomes National
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