309 S 6th St - Apartments FOR SALE


Loving, NM 88256
$2,200,000 USD
575-302-0382
309 S 6th St, Loving, NM for Sale
$2,200,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

309 S 6th St
Loving, NM 88256


HIGHLIGHTS

  • 14 1-3 Bedroom fully furnished apts, some with washer/dryer, exquisite owner/managers residence, basketball gym, game room(s), laundry room
  • Covered patio, some flats have courtyard access, 3500 sq ft office/conference/training facility with men/women's restrooms
  • Situated on 1.98 acres and just 2 blocks north of Loving Schools

OVERVIEW

Have a look at the beautifully remodeled Loving, NM Jr High School located in the Permian Basin & just 2 blocks from the Loving schools. This facility can be your next business location with offices, training facility & employee housing or a multi-family, flex-use investment! Fully furnished & 100% occupied. 1 to 3 bedroom apts with 3500+/- sq ft office & training/conference room, basketball gym & game rooms, laundry facility, flats 10 -14 have access to fenced courtyard. The original wood shop has been exquisitely remodeled into a beautifully natural lit 2 bedroom 2 bath Owner's residence using the original metal home-economic cabinets in the spacious kitchen & laundry room; artfully touched celling accents using the gym bleacher wood, an oversized heated/cooled garage/workshop with 220 power & much more. All flats have individual exterior entrances, refrigerated AC units, 5 units have a washer/dryer.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$73 USD /SF

# OF UNITS

14

PRICE/UNIT

$157,143

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Falcon Flats

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

-

APN/PARCEL ID

4-165-137-067-012,4165137050012,4165137050017,4165137050022,4165137050028,4165137050032,4165137067017,4165137067022,4165137067027,4165137067032

ASK ABOUT THIS PROPERTY

Amanda MashawDunagan Associates Inc.More Info
575-302-0382

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Amanda MashawDunagan Associates Inc.More Info
575-302-0382

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.