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1015 Calle De Oro, Taos, NM 87571

$1,520,000
Property Type: Residential Income Lot Size (sq. ft.): 48,787 Status: Closed
Current Price: $1,520,000 List Date: 10/22/2023 Last Modified: 3/08/2024

Description

This apartment portfolio to market in the high end ski, arts, and cultural mecca of Taos NM. These properties are offered for the first time in over a generation and the owners are willing to consider individual sales or a portfolio sale. The properties are offered with a fixed date for offers. Total portfolio is 38 units, W -1015-1021 Calle De Oro - 20 units near Wal-Mart - $1,520,000 - 8.04% cap rate The combined start price for the portfolio is based on a 2020 appraisal for the est

More Information MLS# 1043578

Status Change Info

Pending Date: 2023-11-11 Closing Date: 2024-03-04

Contract Information

Listing Price: 1520000 Current Price: $1,520,000 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 1015 Street Name: Calle De Oro County: Taos City/Town Code: Taos State/Province: NM Zip Code: 87571 Geo Lat: 36.386581 Geo Lon: -105.580239 Area: 630 - Taos Zone Atlas: NOZA

City/County Data

UPC Code: Not Available Subdivision: Las Buenas Subdivision

General Property Description

# of Units: 21 5+ Units: Yes Property Sub-Type: 9 or More Units Lot Size Source: On-Line Acres: 1.12 Lot SqFt: 48787 Directions: From Pase odel Pueblo Sur, and Santiago, east on Santiago, north on Gusdorf to Calle De Oro and the property. Stories: 2 Total Stories in Bldg: 2 Total # of Buildings: 4 Year Built: 1980 Age: Select One Disability Access: No LBP Disclosure: No Builder: Unknown Owner Occupant Unit: No Multiple Lots: Three Flood Zone: X

Tax & Legal Info

GRT Code: 20-126 Current Taxes: 5564 Tax Exemption: No

Basement

Basement: No

Income & Expenses

Annual Gross Income: 193880 Operating Expenses: 80633

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 1 # Baths: 1 Style: storage/laun Approx. SqFt: 112

# of Unit Types (2)

# of Units: 8 # Baths: 1 Approx. SqFt: 383 Actual Rent: 718 Max Rent: 800 Market Rent: 800

# of Unit Types (3)

# of Units: 8 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 668 Actual Rent: 877 Max Rent: 1045 Market Rent: 1045

# of Unit Types (4)

# of Units: 4 # of Bedrooms: 2 # Baths: 1 Approx. SqFt: 750 Actual Rent: 1061 Max Rent: 1150 Market Rent: 1200

Unit Summary

Total Units: 21 Average Unit Size: 548.57 Average Actual Rent: 809.71 Annualized: 204048 Total Actual Rent: 17004

Property Features

Construction: Frame Exterior Material: Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Sewer Connected; Water Connected Heating: Central Forced Air; Wall Unit Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Other - See Remarks Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Parking: Unpaved Roof: Flat Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Source: Actual Record; Broker Provided; Owner Provided Zoning: R-4
Listing Office: NM Apartment Advisors, Inc.
Last Updated: March - 08 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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