415 E Washington Ave - Apartments FOR SALE


Tucumcari, NM 88401
$1,195,000 USD
505-220-0460

NO PHOTO

$1,195,000 USD
Apartments - FOR SALE
null | Request Cap Rate

415 E Washington Ave
Tucumcari, NM 88401


OVERVIEW

Great location close to the hospital, shopping, restaurants and services. 10 unit complex has 8- 2 bedroom 1 1/2 bath units and 2- 3 bedroom 2 bath units. 2 units have been rented for the past 10 years to the helicopter service to the hospital. Each unit has their own 1-2 car covered parking, walk in closets, central AC and heat, high ceilings, amazing styling and Southwest architecture. Bedrooms are nicely sized and floorplans are well laid out. Each unit has a small courtyard and they sit around a central circle drive perfect for guests. Mature trees and landscaping. This is a great investment and turn key opportunity. Several of the units have been nicely, recently updated as well. Several very long term satisfied tenants.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$75 USD /SF

# OF UNITS

10

PRICE/UNIT

$119,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,858 SF

ZONING

-

APN/PARCEL ID

R003484

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505-220-0460

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505-220-0460

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