708 N FIFTH ST, Carlsbad, NM 88220
708 N FIFTH ST, Carlsbad, NM 88220
708 N FIFTH ST, Carlsbad, NM 88220
708 N FIFTH ST, Carlsbad, NM 88220
708 N FIFTH ST, Carlsbad, NM 88220
708 N FIFTH ST, Carlsbad, NM 88220
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Mindy Longmire

Mindy Longmire

+1(575) 626-5411
Listed by  Dunagan Associates
$ 1,200,000
Est. payment | /mo

0.41 Acres Lot

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$ 1,200,000
Est. payment | /mo
Save

0.41 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Unit Residential

Listing Status Active

Purchase Type For Sale

Subdivision Creekmur

MLS Listing ID 26000307

HOA Y/N No

Year Built 1970

Annual Tax Amount $2,466

Lot Size 0.410 Acres

Acres 0.41

Property Sub-Type Multi-Unit Residential

Source NMMLS

Property Description

Offered for sale is a well maintained 12 unit apartment complex running at an 8.0% CAP rate and is 100% occupied. This 2-story complex offers a newly installed laundry room, eleven 2 bed, 1 bath units and one 1 bed, 1 bath unit all fully furnished. Two-bedroom units are approximately 750 sq ft, AC units installed in each apt in 2018, city water, sewer and electric. Located near the Carlsbad High School and PR Leyva Jr High. Don't miss this great investment opportunity located north Carlsbad and in a rapidly growing oil and gas community in the Permian Basin.

Location

State NM

County Eddy

Exterior

View Y/N false

Private Pool No

Others

Tax ID 4-156-127-087-013,

Mindy Longmire
Mindy Longmire

Owner/Qualifying Broker License ID: NM19417

+1(575) 626-5411 | mindy@dynamicpropertiesofnm.com

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708 N FIFTH ST