Related Listings

• Albuquerque NM
  
  6601 Glenturret NE
  Albuquerque
  $ 264,900
  
  
• Placitas NM
  
  49 Calle Del Sol
  Placitas
  $ 574,950
  
  
• Mora NM
  
  301 county road AO11
  Mora
  $ 1,750,000
  
  
• Watrous NM
  
  County Road 20
  Watrous
  $ 95,000
  
  
• Albuquerque NM
  
  9801 Cerro Largo Pl NW
  Albuquerque
  $ 259,900
  
  

• 

Add To My Shortlist

Description

Currently we are developing a 32 building 4 plex community in Rio Rancho, New Mexico, The site is approximately 2 miles from the new city center, which will feature a branch of the University of New Mexico that will have facilities for 20,000 students.. Rio Rancho is a suburb of Albuquerque and in the last year we've seen rapid appreciation in multifamily property. The recent slowdown in single family homes has been a boom to the already tight rental market. The Supply of vacant apartments is approaching 0% and rents are rising rapidly. 75% and 80% financing is available. We've just now released the last phase of 15 buildings for sale. I've attached some information for your review.

624 Cancun Loop

  Rio Rancho

Name NM

Open Home Times M-F 8:00 a.m. - 5:00 p.m.

Community Puerto Del Sol

  Complex

 

Bedrooms 10

Bathrooms 8

Price $ 515

House Size 4400 sq. feet

Garage no

Parking 7 spaces per 4 plex, guest parking on interior streets

Rental yes

Garden each 4 Plex is professionally landscaped

Pool on site community pool

Status For Sale

Location facilities Pool and Clubhouse open to all apartment tenants in the subdivision