Opportunity Zone 16 Unit Rental Income Mobile Home Park
Multi-Family
for Sale
Catylist Listing ID: |
30675071 |
Property Subtypes: |
Mobile Home Park
|
Number of Units: |
16 Units |
Building Size (RSF): |
25,000 SF |
Gross Building Area: |
See Agent |
Gross Land Area: |
2.69 SF
|
Sale Price: |
$2,000,000 |
Unit Price: |
$125,000 Per Unit |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment |
Sale Terms: |
Owner Financing |
Cap Rate: |
6.0% |
Average Occupancy Rate: |
100 |
Last Updated: |
4/5/2021 |
Overview / Comments
Gatewood is within an Opportunity Zone with Major Tax Incentives due to inclusion of the entire property being in an opportunity zone.
This Opportunity consists of a mobile home park that has 16 Rentals. One home, one duplex, 12 mobile homes and one parcel of land that is currently rented however would be a great location for self storage.
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Additional Details
Nearest MSA: |
Albuquerque |
County: |
Bernalillo |
Submarket/Township: |
West Mesa |
Tax ID/APN: |
101205645419041111 |
Percent Occupied: |
100% |
Property Located Between: |
Bridge and Arenal |
Highway Access: |
Bridge to I-25 |
Airports: |
Albuquerque Sunport |
Site Description: |
This site is 2.69 Acres and has a large parking lot that is perfect for work trucks, trailers and small equipment. Perfect for people who are employed in the construction. |
Area Description: |
This area is located in Five Points which is in an Opportunity Zone |
Total Number of Buildings: |
16 |
Property Condition: |
Average |
Number of Stories: |
1 |
Year Built: |
1960 |
Zoning Description: |
Unincorporated |
Lot Frontage: |
415 |
Lot Depth: |
540 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
15,014 |
104,461 |
247,554 |
Median Age: |
34.79 |
32.61 |
33.07 |
Households: |
5,314 |
38,400 |
93,937 |
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