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: |
1/19/2022 |
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.
|
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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