MeadowLark 4

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30011736
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 3,152 SF
Gross Land Area: 0.16 Acres
Sale Price: $150,000
Unit Price: $37,500 Per Unit
Property Use Type: Investment
Building Name: Rio Rancho 4-Plex
Usable Size (USF): 3,152 SF
Sale Terms: Cash to Seller
Cap Rate: 6.0%
Average Occupancy Rate: 100
Last Updated: 9/23/2017

Overview / Comments

8/18 - please note - property has multiple (5) offers - is in best and final round - should be pending by 8/24/2017

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.

Property needs work - owner says get it moved!

NEW TOUR TIME - Property tour - 8/9 at noon, offer deadline 5pm on8 /15/2017.

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


© Copyright Commercial Association of REALTORS┬« - New Mexico. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS┬« - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.