511 LORING Avenue, Estancia, NM 87016
$420,000
Property Type:
Residential Income
Lot Size (sq. ft.):
32,670
Status:
Closed
Current Price:
$420,000
List Date:
12/13/2019
Last Modified:
8/05/2020
Description
14 singlewide homes currently all rented 2and 3 bdrms rents range from 550-725
6 of the units on sec 8 housing over 60k in recent improvements to the property's owner financing offered with 25% dn 6% int or large discount for cash also willing tot alk exchange for like property in Albq area call today wont last long at this price. Please do not disturb tenants Owner is a CA Broker
More Information MLS# 958126
Status Change Info
Pending Date: 2020-06-25
Closing Date: 2020-08-05
Contract Information
Listing Price: 420000
Current Price: $420,000
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 511
Street Name: LORING
St Suffix: Avenue
County: Torrance
City/Town Code: Estancia
State/Province: NM
Zip Code: 87016
Geo Lat: 34.760199
Geo Lon: -106.056454
Area: 292 - Estancia McIntosh
Zone Atlas: NOZA
City/County Data
UPC Code: 1048035150231000000
General Property Description
# of Units: 14
5+ Units: Yes
Property Sub-Type: 9 or More Units
Lot Size Source: On-Line
Acres: 0.75
Lot SqFt: 32670
Directions: I-40 East to Exit 196 South on NM41 to Estancia Approx. 15 miles turn right on loring first 8 are right behind the gas station, then on 6th street turn left and right on next street theres 3 more on the NW corner of 6th and Allen. then west on Allen to 11th street turn North and the last 3 are on your left.
Stories: 1
Total # of Buildings: 14
Year Built: 1970
Age: 41 - 50
Disability Access: Unknown
LBP Disclosure: Yes
Builder: mobile homes
Owner Occupant Unit: No
Multiple Lots: Five
Tax & Legal Info
GRT Code: 22-503
Current Taxes: 3400
Tax Exemption: No
Basement
Basement: No
Sales Info
Trade/Xch Considered: Yes
# of Unit Types (1)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: mobile
Approx. SqFt: 900
Actual Rent: 550
Max Rent: 650
Market Rent: 650
# of Unit Types (2)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Style: mobile
Approx. SqFt: 1100
Actual Rent: 700
Max Rent: 750
Market Rent: 750
# of Unit Types (3)
# of Units: 1
# of Bedrooms: 3
# Baths: 1.5
Style: mobile
Approx. SqFt: 1200
Actual Rent: 650
Max Rent: 725
Market Rent: 700
# of Unit Types (4)
# of Units: 1
# of Bedrooms: 3
# Baths: 1
Style: mobile
Approx. SqFt: 1100
Actual Rent: 775
Max Rent: 775
Market Rent: 775
# of Unit Types (5)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: mobile
Approx. SqFt: 900
Actual Rent: 600
Max Rent: 650
Market Rent: 650
# of Unit Types (6)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Style: mobile
Approx. SqFt: 1200
Actual Rent: 675
Max Rent: 775
Market Rent: 700
# of Unit Types (7)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Style: mobile
Approx. SqFt: 1100
Actual Rent: 700
Max Rent: 775
Market Rent: 750
# of Unit Types (8)
# of Units: 1
# of Bedrooms: 3
# Baths: 1
Style: mobile
Approx. SqFt: 1200
Actual Rent: 725
Max Rent: 750
Market Rent: 750
# of Unit Types (9)
# of Units: 1
# of Bedrooms: 2
# Baths: 1
Style: mobile
Approx. SqFt: 900
Actual Rent: 575
Max Rent: 700
Market Rent: 700
# of Unit Types (10)
# of Units: 1
# of Bedrooms: 2
# Baths: 2
Style: mobile
Approx. SqFt: 975
Actual Rent: 675
Max Rent: 750
Market Rent: 700
# of Unit Types (11)
# of Units: 1
# of Bedrooms: 3
# Baths: 2
Style: mobile
Approx. SqFt: 1250
Actual Rent: 725
Max Rent: 800
Market Rent: 750
# of Unit Types (12)
# of Units: 3
# of Bedrooms: 2
# Baths: 2
Style: mobile
Approx. SqFt: 1100
Actual Rent: 711
Max Rent: 700
Market Rent: 750
Unit Summary
Total Units: 14
Average Unit Size: 1080.35
Average Actual Rent: 677.35
Annualized: 113796
Total Actual Rent: 9483
Property Features
Construction: Frame
Exterior Material: Aluminum Siding; Wood Siding
Build Description: Resale
Amenities: Ceiling Fan(s); Some Landscaping; Wshr/Dryr HU in Unit
Appliances included: Dryer H/U; Frestnd Elec Stv/Ovn; Frestnd Gas Stv/Ovn; Refrigerator; Washer H/U
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Heating: Central Forced Air
Cooling: Evaporative Cooling; Window Units(s)
Flooring: Carpet; Laminate; Vinyl
Electric Provider: Public Utility
Electric: None
Owner Pays: Sewer; Some Utilities; Trash Removal; Water
Tenant Pays: Electric; Gas; Other - See Remarks
Parking: 2+Spaces Per Unit
Rental Info: Rental History Avail
Trade/Xch Terms: Equity See LO/SO
Finance Considered: Cash; Owner Financing
Zoning: R-2
Documents
Lead Based Paint ›Listing Office: Townsend Realty
Last Updated: August - 05 - 2020
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