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1015 Calle De Oro, Taos, NM 87571
$1,520,000
Property Type:
Residential Income
Lot Size (sq. ft.):
48,787
Status:
Closed
Current Price:
$1,520,000
List Date:
10/22/2023
Last Modified:
3/08/2024
Description
This apartment portfolio to market in the high end ski, arts, and cultural mecca of Taos NM. These properties are offered for the first time in over a generation and the owners are willing to
consider individual sales or a portfolio sale. The properties are offered with a fixed date for offers.
Total portfolio is 38 units, W -1015-1021 Calle De Oro - 20 units near Wal-Mart - $1,520,000 - 8.04% cap rate
The combined start price for the portfolio is based on a 2020 appraisal for the est
More Information MLS# 1043578
Status Change Info
Pending Date: 2023-11-11
Closing Date: 2024-03-04
Contract Information
Listing Price: 1520000
Current Price: $1,520,000
Status: Closed
Allowance/Concession: No
Bank Owned: No
Location
Street #: 1015
Street Name: Calle De Oro
County: Taos
City/Town Code: Taos
State/Province: NM
Zip Code: 87571
Geo Lat: 36.386581
Geo Lon: -105.580239
Area: 630 - Taos
Zone Atlas: NOZA
City/County Data
UPC Code: Not Available
Subdivision: Las Buenas Subdivision
General Property Description
# of Units: 21
5+ Units: Yes
Property Sub-Type: 9 or More Units
Lot Size Source: On-Line
Acres: 1.12
Lot SqFt: 48787
Directions: From Pase odel Pueblo Sur, and Santiago, east on Santiago, north on Gusdorf to Calle De Oro and the property.
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 4
Year Built: 1980
Age: Select One
Disability Access: No
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: Three
Flood Zone: X
Tax & Legal Info
GRT Code: 20-126
Current Taxes: 5564
Tax Exemption: No
Basement
Basement: No
Income & Expenses
Annual Gross Income: 193880
Operating Expenses: 80633
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 1
# Baths: 1
Style: storage/laun
Approx. SqFt: 112
# of Unit Types (2)
# of Units: 8
# Baths: 1
Approx. SqFt: 383
Actual Rent: 718
Max Rent: 800
Market Rent: 800
# of Unit Types (3)
# of Units: 8
# of Bedrooms: 1
# Baths: 1
Approx. SqFt: 668
Actual Rent: 877
Max Rent: 1045
Market Rent: 1045
# of Unit Types (4)
# of Units: 4
# of Bedrooms: 2
# Baths: 1
Approx. SqFt: 750
Actual Rent: 1061
Max Rent: 1150
Market Rent: 1200
Unit Summary
Total Units: 21
Average Unit Size: 548.57
Average Actual Rent: 809.71
Annualized: 204048
Total Actual Rent: 17004
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Refrigerator
Utilities: Electricity Connected; Sewer Connected; Water Connected
Heating: Central Forced Air; Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Vinyl
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: Other - See Remarks
Owner Pays: Other - See Remarks
Tenant Pays: Other - See Remarks
Parking: Unpaved
Roof: Flat
Rental Info: Other - See Remarks
Finance Considered: Cash; Conventional
Source: Actual Record; Broker Provided; Owner Provided
Zoning: R-4
Listing Office: NM Apartment Advisors, Inc.
Last Updated: March - 08 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.