Price Upon Req.10,500 SF
Real Estate Auction Angel Fire, NM 30 South Angel Fire Road Three level building consisting of 10,500+/- sf with construction completed in 2008. There are three rental units on the top level, commercial space on the middle level and an unfinished basement. Each level is approximately 3,500 sf. Rental units are 2BR/2BA and one unit has a large loft. The property was originally a house which was converted into the property is today. There is a small retail store operating out of the commercial space and the condos are regularly leased. Nominal Opening Bid: $250,000 Open to the Public: 11am-2pm Fri July 10, 17 and 2 hours before auction. Auctions: 7pm, Fri Jul 24 on site or bid live from Also selling Lot 231, Angel Fire Chalet Subdivision Over an acre of land zoned residential Nominal Opening Bid: $10,000 NM Philip R. Heiliger RE LIC 19335; Williams & Williams RE LIC 19335 Buyer's Premium (Buyer's Fee in WI) May Apply.
Good morning! Don't miss out on the improving apartment investment marketplace. In this size range (5 to 19 units), 2014 experienced twice the transaction volume of 2013, but its still 1/4 of the number of sales that occurred in 2005. (email agent if you want a copy of the full report) Occupancy, rents and values continue to be on the rise leaving money to be made for your investor. These well located eight mixed use units have a walk score 98, a bike score of 92 and a transit score of 57 (60 is the best in ABQ). Centrally located downtown near hundreds of new jobs, and within a one mile radius of hundreds of restaurants, this property is well located for to appeal to the millennial resident. Offered at its 2015 MAI appraisal of $550,000, this investment offers an 8.1% Cap rate, 11.30% cash on cash, and a 22.4% before tax internal rate of return. Long term residents in place (restaurant - 10+ years), many of whom have not experience a rent increase since they moved in. Disclosure: Owner/Agent selling on behalf of his own portfolio. Email listing agent for link to confidential documents, hundreds of photos and the appraisal.
VALUED AT $225,000.00 GREAT INVESTMENT INCOME PRODUCING PROPERTY! Multi-Family property,unusual to get so much. 1,2,3,bedroom 1 baths triplex, 3 bedroom/ 1/1/2 bath House, & 3 bdrm, 2bath mobile, stucco, metal roofs, alwas rented $2800 monthly. Owner has greatly reduced price. SUPER BUY metal roofs, alwas rented. $2800 monthly. Owner has greatly reduced price. Super Buy
Heart of Downtown Albuquerque. 5 newly completed condos with availability for 9 additional units.
This Tri-Plex is an older property located on Second Street. It consists of three units that are approximately One-Thousand square feet each. The property sits on the corner and high visibility from the street. There is on-site parking as a well as street parking. The units have had long term tenants and are on month to month leases. The Tenant in unit A has been living there for eight years. The Tenant in unit B is one of the owners. The Tenant in unit C has been living there for seven years. Do not be fooled by the appearance the property has good rental income and long term tenants. The roof is a pitched shingle roof for easy maintenance. The property has all city utilities. Rents average $640 per month per unit. This is a perfect property for an investor looking for long term income.
Motivated Seller, 48 years Continuous Ownership Value added Opportunity Good Condition
35 rental units furnished, unfurnished, 19 one bedroom, 15 two bedroom and 1 three bedroom. 60 off street, uncovered parking spaces, brick construction, metal roof and well maintained by full time maintenance person.
$8,400,000Size Upon Req.
Sale includes 4 parks, Country Mobile Manor & Santera Acres Mobile Home Park, Covered Wagon, and Country Estates. The 4 parks include 205 sites at 4 locations in Las Cruces, NM. As of 2-19-08, there was only 1 vacancy. Manager will stay on and has been with Seller for 15 years. Sale also includes over $950,000.00 of Seller owned homes. Call agent for more info.
$1,195,000Size Upon Req.
74-Space MH & RV Park, located just 10 min. from Albuquerque (and 25 min. from Santa Fe)!! Clubhouse, Office, Rec Room w/Pool Table, Laundry, Restrooms & Showers, More!! Beautiful park in excellent condition. HUGE UPSIDE in filling five (5) vacant MH lots and an additional seven (7) sites w/o utilities. Only one (1) park-owned MH (mgr), otherwise ALL are "tenant owned" units, no rentals. Gorgeous park with HUGE UPSIDE!!
Are you looking to improve your cash flow in one purchase? Do you want an investment that has been well-maintained and requires basically no up front remodeling? If so it it is a shame for you not to make money with this property offering. The pride of ownership is apparent within these units. All the units have been tiled and remodeled over time with unique finishes and extras. The roof and cooler units appear to be in great condition. The brick exterior also appears to be structurally sound. The units have averaged $525 per unit over a sustained period of time and in some cases have surpassed this. The variance in rental values per unit has been minimal. So give your cash flow some "iron" and please give this investment some significant consideration.