491 Vancouver Road, Rio Rancho, NM 87124
$1,325,000
Property Type:
Residential Income
Lot Size (sq. ft.):
15,682
Status:
Closed
Current Price:
$1,325,000
List Date:
3/30/2019
Last Modified:
7/31/2019
Description
4 Well maintained, fully occupied, 4 plexes for sale. List of improvement upon request. All units have refrigerators, stoves, stacking washer/dryers, and private backyards. APOD available upon request. Attractive Cap rates on each. Viewing of units will be available after an acceptable offer is executed. Do not disturb tenants. 1 additional 4-plexes is available through same listing broker at 483 Vancouver.
More Information MLS# 940746
Status Change Info
Pending Date: 2019-06-05
Closing Date: 2019-07-31
Contract Information
Listing Price: 1325000
Current Price: $1,325,000
Status: Closed
Bank Owned: No
Location
Street #: 491
Street Name: Vancouver
St Suffix: Road
County: Sandoval
City/Town Code: Rio Rancho
State/Province: NM
Zip Code: 87124
Zip +4: 3871
Geo Lat: 35.250371
Geo Lon: -106.728348
Area: 150 - Rio Rancho MiD
Zone Atlas: 52
City/County Data
UPC Code: 1009069472137
Subdivision: Rio Rancho Estates
General Property Description
# of Units: 20
5+ Units: Yes
Property Sub-Type: 9 or More Units
Lot Size Source: On-Line
Acres: 0.36
Lot SqFt: 15681.6
Directions: North on Rainbow from Southern. Right on Pecos Loop, left on Vancover. Units are on the north side of the roan. No sign. The complex includes 491,493,495, 497 Vancouver.
Stories: 1
Total # of Buildings: 5
Year Built: 1997
Age: 21 - 30
Disability Access: No
LBP Disclosure: No
Builder: unknown
Owner Occupant Unit: No
Tax & Legal Info
GRT Code: 29-524
Current Taxes: 1643.78
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 725
Actual Rent: 700
Max Rent: 775
Market Rent: 750
# of Unit Types (2)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 725
Actual Rent: 729
Max Rent: 780
Market Rent: 750
# of Unit Types (3)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 725
Actual Rent: 732
Max Rent: 885
Market Rent: 750
# of Unit Types (4)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 725
Actual Rent: 740
Max Rent: 750
Market Rent: 750
# of Unit Types (5)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 850
Actual Rent: 699
Max Rent: 725
Market Rent: 700
Unit Summary
Total Units: 20
Average Unit Size: 750
Average Actual Rent: 720
Annualized: 172800
Total Actual Rent: 14400
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: No Landscaping; Wshr/Dryr HU in Unit
Appliances included: Frestnd Gas Stv/Ovn; Microwave
Utilities: Cable Available; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling
Flooring: Tile
Electric Provider: Public Utility
Owner Pays: No Utilities; Water
Tenant Pays: Electric; Gas
Rental Info: Month To Month
Finance Considered: Cash; Conventional
Zoning: R-2
Listing Office: Berkshire Hathaway Home Svc NM
Last Updated: July - 31 - 2019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.