This 23 unit apartment complex consists of 8 two bed one bath units, 11 one bedroom one bath units, and 4 one bedroom studios. The 2/1's rent for 650 a month, the 1/1 rent for 600 a month, and the studios rent for 400 a month. This is a turn key income of around $13,000.00 a month. The property also has a onsite laundry which produces extra cash flow.
Rare north valley value add opportunity. Currently leased at rents that are 27% below market, the property is ripe for a cosmetic renovation and revenue enhancement program. Property is being sold using the Bid Process Tour Date: 1pm on June 12th, 2014 Offer Deadline: 5pm MST June 18th, 2014 Register for tour and confidential documents at http://www.nmapartment.com/2ndstreetcasitas
BEAUTIFUL CONDO IN TAOS! Stunning and large 2-BR/2.5-BA in one of Taos' best condo associations. 1,603 sq. ft. of Architectural Digest-quality décor and furnishings. Vibrant colors, high ceilings, private walled patio, upstairs deck w/ hot tub, high-end kitchen and more luxury features. Beautifully landscaped grounds with trees and plantings. Prime location near the Historic District and Central Business District of Taos. Walk to galleries, shops, restaurants, etc. All the fine furnishings are included. Turnkey opportunity for excellent vacation rental property!
Well located recently repositioned millennial housing - abundance of amenities - club house, office, pool, laundry area, bike storage area, business center - all bills paid and free high speed internet included.
Well located recently repositioned millennial housing in mixed use neighborhood. laundry area and bike storage center - completely furnished - all bills paid and free high speed internet included.
Well located recently repositioned millennial housing in mixed use neighborhood. laundry area and bike storage center - completely furnished with murphy beds in some units - all bills paid and free high speed internet included.
Built in the 1980s, the subject property is located within walking distance to the three main courthouses that are located in downtown Albuquerque. The property consists of two townhouses on one large lot. The current owner renovated each townhouse and opened them up to each other, in a way that supports a true urban loft live/work space, while maintaining the ability to separate each space from the other. Renovation includes amazing embedded technology and media.
Registered on the National Register in 1994, this historic property represents a unique opportunity to own a renovated property on the Mother Road, Route 66. The original property dates back to the 1930' s as one of the original automobile tourist courts, El Campo. The property was remodeled in the mid 1990' s and additional land was filled with ministorage units. The commercial zoning of the property allows for residential, commercial and ministorage uses. A potential buyer could locate their business here and run the balance of the property. The current owner desires an all cash sale and local financing is available. The property contains 16 apartment units and 119 ministorage and/or RV units
Recent onsite renovations include the addition of a resident lounge, a new business center which complements the laundry care facilities in each building, high speed internet/Wi-Fi, and the graciously landscaped common courtyard, swimming pool and clubhouse at 1410 Girard NE. The Owner is willing to sell the property as one, 108 unit portfolio, or as individual buildings. All four buildings are in close proximity to each other, with the 1520 Girard NE building being separated from the rest by mixed use properties including the well established and ever popular Padilla' s Mexican restaurant. Offer deadline 8/7/2013 at 5pm MST
Fabulous downtown location, recently renovated apartments, onsite caretaker, fast-track-high-density-development-friendly-zoning, enhanced area services via Business Improvement District (BID) and above market return at 11.8% CAP Rate. Renovations were made with Gen-Y appeal in mind! Don't wait - register for the property tour and confidential review documents at www.nmapartment.com/6thsilver Owner/Agent.