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919 Paseo Del Pueblo Sur, Taos, NM 87571

$1,450,000
Property Type: Residential Income Square Footage: 14,900 Lot Size (sq. ft.): 83,200 Status: Closed
Current Price: $1,450,000 List Date: 7/08/2021 Last Modified: 1/23/2024

Description

Formerly known as the SunGod Lodge, this unique property is in a high barrier to entry market. Redevelop as high end micro-housing - the back door approach to development indicates an upside of $2,969,251.

More Information MLS# 990624

Status Change Info

Pending Date: 2021-08-09 Closing Date: 2023-10-21

Contract Information

Listing Price: 1450000 Current Price: $1,450,000 List Price/SqFt: 97.32 Status: Closed Allowance/Concession: No Bank Owned: No

Location

Street #: 919 Street Name: Paseo Del Pueblo Sur County: Taos City/Town Code: Taos State/Province: NM Zip Code: 87571 Zip +4: 5967 Geo Lat: 36.386779 Geo Lon: -105.584413 Area: 630 - Taos Zone Atlas: NOZA

City/County Data

UPC Code: 15677

General Property Description

# of Units: 56 5+ Units: Yes Units for Sale: 56 Property Sub-Type: 9 or More Units Apx Structured SqFt: 14900 Lot Size Source: On-Line Acres: 1.91 Lot SqFt: 83199.6 Directions: From ABQ - north on I-25 to Santa Fe, Highway 599 bypass towards Taos, on High US285/*4W - in Espanola stay on until turns to NM-68 into Taos - Walmart on left, property on right Stories: 2 Total Stories in Bldg: 2 Total # of Buildings: 5 Year Built: 1980 Age: 41 - 50 Disability Access: Unknown LBP Disclosure: No Builder: Unknown Owner Occupant Unit: No Multiple Lots: One Flood Zone: X

Tax & Legal Info

GRT Code: 20-126 Current Taxes: 10210.05 Tax Exemption: Unknown

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 24 # Baths: 1 Style: Studio Approx. SqFt: 180 Market Rent: 900

# of Unit Types (2)

# of Units: 12 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 310 Market Rent: 120

# of Unit Types (3)

# of Units: 20 # of Bedrooms: 1 # Baths: 1 Approx. SqFt: 310 Actual Rent: 1200 Max Rent: 1200 Market Rent: 1200

Unit Summary

Total Units: 56 Average Unit Size: 254.28 Average Actual Rent: 428.57 Annualized: 288000 Total Actual Rent: 24000

Property Features

Construction: Adobe; Frame Exterior Material: Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: None Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Heating: None Cooling: None Flooring: Carpet; Tile; Vinyl Electric Provider: Community Electric: None Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Zoning: C-1
Listing Office: NM Apartment Advisors, Inc.
Last Updated: January - 23 - 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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