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Rio Rancho
  • Rio Rancho
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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.





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Property Details

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




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