38690 NM-126 - Apartments FOR SALE


Jemez Springs, NM 87025
$1,400,000 USD
505-500-8222
38690 NM-126, Jemez Springs, NM for Sale
$1,400,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

38690 NM-126
Jemez Springs, NM 87025


OVERVIEW

• 15 multi-bedroom units, a potential studio apartment, and separate owner/manager 3/2 house • Property includes 1.5 acres of vacant land • Located within 40 minutes of Los Alamos and less than 90 minutes from Albuquerque • Opportunity to convert lodge to extended stay or workforce housing for those working in Los Alamos. • Currently a hunting and fishing lodge, vacation home, and event venue fronting the San Antonio Creek, a fish-able creek • Oversized rooms with individual bathrooms and small coffee/kitchenettes • Ideally located in the heart of the Jemez mountains with paved access to Highway 4 and Highway 126 • Ample storage on-site with ability to add more cabin units • Shares a corner and is within walking distance to a local bait/grocer store and a liquor store that could potentially be included in purchase

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$168 USD /SF

# OF UNITS

16

PRICE/UNIT

$87,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Cueva Lodge

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,400 SF

ZONING

RRA

APN/PARCEL ID

P144675

ASK ABOUT THIS PROPERTY

Jyl DeHavenEXIT Realty Advantage NMMore Info
505-500-8222

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Jyl DeHavenEXIT Realty Advantage NMMore Info
505-500-8222

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