8 Unit Multifamily Duplexes for Sale in College Area

Multi-Family for Sale
Catylist Listing ID: 30081937
Property Subtypes: Duplex/Fourplex
Number of Units: 8 Units
Building Size (RSF): 725 SF
Gross Building Area: 5,992 SF
Sale Price: $475,000
Unit Price: $59,375 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/26/2017

Overview / Comments

Property Features:
• These properties are now rented at $500.00 to $550.00 Per month
• Four Duplexes
• New waferboard and shingles put on summer of 2011
• Evaporative coolers
• All units have individual gas and electric meters
• Two water meters for the property
• 4 units have been recently updated with new carpet, blinds and paint

Property Highlights:
• Estimated Property Taxes $1,561.00
• Tenant pays for gas and electric
• Landlord pays for water, sewer and trash
• All units have:
• Electric range and refrigerator
• Gas wall heater
• Table top electric 40 gal hot water heater in the kitchen Individual storage unit
• Unit Mix:
• 2 bedroom: Four 672 sf units - Three 725 sf units
• 4 bedroom: One 1,129 sf unit

Attachments & Media

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,307 66,003 103,237
Median Age: 26.25 33.68 34.92
Households: 6,825 27,048 41,419
© Copyright Commercial Association of REALTORS® - New Mexico. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.