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Listed by Dunagan Associates
$ 1,200,000
Est. payment /mo
New
708 N FIFTH ST Carlsbad, NM 88220
0.41 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Unit Residential
Listing Status Active
Purchase Type For Sale
Subdivision Creekmur
MLS Listing ID 26000307
HOA Y/N No
Year Built 1970
Annual Tax Amount $2,466
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Multi-Unit Residential
Source NMMLS
Property Description
Offered for sale is a well maintained 12 unit apartment complex running at an 8.0% CAP rate and is 100% occupied. This 2-story complex offers a newly installed laundry room, eleven 2 bed, 1 bath units and one 1 bed, 1 bath unit all fully furnished. Two-bedroom units are approximately 750 sq ft, AC units installed in each apt in 2018, city water, sewer and electric. Located near the Carlsbad High School and PR Leyva Jr High. Don't miss this great investment opportunity located north Carlsbad and in a rapidly growing oil and gas community in the Permian Basin.
Location
State NM
County Eddy
Exterior
View Y/N false
Private Pool No
Others
Tax ID 4-156-127-087-013,
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