5 Acre Multi-Family Property with Water Rights

Multi-Family for Sale
Catylist Listing ID: 30380993
Property Subtypes: Duplex/Fourplex, Mixed Use, Other
Number of Units: 4 Units
Building Size (RSF): 3,030 SF
Gross Building Area: See Agent
Gross Land Area: 5.49 Acres
Sale Price: $550,000
Unit Price: $137,500 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: 5 Acre Multi-Family Property
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/14/2019

Overview / Comments

Excellently located four plex sitting on 5.49 acres of A-1 zoned property with
water rights. This property has unique potential with its multiple structures
producing income as well as agricultural zoned land that can be leased out
and subdivided to produce additional income.
• 5.49 Acres of Agricultural zoned land
• Water Rights
• Owner-Financing
• Detached 3 Car Garage
• 4 Income Producing Units
• VERY LOW DOWNPAYMENT FOR OWNER FINANCING

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Percent Occupied: 100%
Property Located Between: arenal and goff
Highway Access: I-25
Total Number of Buildings: 4
Property Condition: Good
Roof Type: Flat
Parking Type: Structure, Surface
Parking Description: Garage port parking, 3 car garage, and surface parking.
Zoning Description: M-12/A-1
Water Service: Well

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,493 107,852 226,704
Median Age: 35.43 31.91 32.5
Households: 4,650 37,906 84,103
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