4205 RIDGEWAY Court SE, Rio Rancho, NM 87124
$315,000
Property Type:
Commercial Sale
Square Footage:
4,300
Lot Size (sq. ft.):
8,712
Status:
Closed
Current Price:
$315,000
List Date:
9/23/2014
Last Modified:
8/09/2017
Description
Opportunity Knocks AGAIN at BARGAIN PRICE (SHORT SALE) Cash Generating Newer Four Plex in Rio Rancho. Central location just past Southern Blvd. behind the Target. Fully Leased, Investment Property. 2 Units are 3bd 2ba and 2 units are 2bd 2ba One of the 3 bedrooms is a ADA accepted handicap unit. The rents are 800 and 725 per month respectively. Newer Construction All Appliances including washers and dryers for each unit, Gas Fireplaces in each unit. Highly Desired Location Fully Leased Lots of Economic Life left.
More Information MLS# 817253
Status Change Info
Pending Date: 2014-10-07
Closing Date: 2015-01-23
Contract Information
Listing Price: 315000
Current Price: $315,000
List Price/SqFt: 73.26
Status: Closed
Location
Street #: 4205
Street Name: RIDGEWAY
St Suffix: Court
Post Direction: SE
County: Sandoval
City/Town Code: Rio Rancho
State/Province: NM
Zip Code: 87124
Zip +4: 4514
Directions: Take 528 North to High Resort Blvd. Left (West) on High Resort to Ridgeway Ct. Right (North) on Ridgeway to 4205 Ridgeway Ct.
Geo Lat: 35.254242
Geo Lon: -106.651789
Area: 150 - Rio Rancho MiD
Zone Atlas: 55
General Property Description
Property Sub-Type: Building
Apx Structured SqFt: 4300
SqFt Source: Floorplan
Acres: 0.2
Lot SqFt: 8712
Lot Size Source: On-Line
Total # Stories: 2
# Parking Spaces: 10
Docks: No
Disability Access: Yes
HVAC: Yes
% Occupied: 100
Transaction Type: Sale
Tax & Legal Info
UPC Code: 1014069090287
Short Legal Desc: LEGAL: SUBD: RIDGECREST SUBD LOT: 4 SUB: RIDGECREST SUBD LOT: 4 PLAT: 2510-B BK: 409 PG: 29417 FORM MARKET PLACE RESORT
GRT Code: 29-524
Current Taxes: 4437.46
Tax Exemption: Unknown
Income & Expenses
Annual Oper Expenses: 4200
Annual Gross Income: 37200
Annual Insurance: 1100
Lease Term/Months: 12
Miscellaneous
Land Ownership: Land Owned
Sales Info
Seller Assist Ofrd: No
Trade/Xch Considered: No
Property Features
Location: Business Center; Freestanding; Business Center; Freestanding
Construction: Frame
Exterior Material: Stucco
Property Access: E Property Line
Road Surface Type: Paved
Utilities: All City
Heating: 2+ Units; Central Forced Air
Cooling: Central Air; Multi Units; Refrigerated
Tenant Pays: Electric; Gas; Liability Insurance
Features: Storage
Lease Information: Call List Office
Parking: Assigned Parking; Onsite
Docs/Data Available: Aerial Map; Existing Leases; Plat Map
Finance Considered: Cash; Conventional; FHA; VA
Zoning: MU-A
Listing Office: J. Bennett Realty
Last Updated: August - 09 - 2017
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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