MeadowLark 4

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30011736
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 3,152 SF
Gross Land Area: 0.16 Acres
Sale Price: $198,500
Unit Price: $49,625 Per Unit
Property Use Type: Investment
Building Name: Rio Rancho 4-Plex
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 5/23/2017

Overview / Comments

Well located fourplex in booming Rio Rancho - located just north of Intel and surrounded by retail opportunities.

Rio Rancho's has pent up demand for over 5,000 additional units - yields amazing upside on this property.

Do not disturb residents, make offer subject to inspection.

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Taxing Authority: Sandoval County
Tax ID/APN: 1014068131313
Zoning: R-2
Percent Occupied: 100%
Property Condition: Good
Number of Stories: 2
Year Built: 1981
Roof Type: Flat

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,807 73,584 151,199
Median Age: 48.41 39.91 38.07
Households: 5,816 28,856 57,714

Source

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