815 PICKARD, Belen, NM 87002
$725,000
Property Type:
Commercial Sale
Square Footage:
14,480
Lot Size (sq. ft.):
48,787
Status:
Closed
Current Price:
$725,000
List Date:
11/29/2011
Last Modified:
8/09/2017
Description
Very neat & well maintained complex of 20 individual apartment units [all 2 BR]. Located within walking distance of substantial shopping. All units are upgraded and it shows. Lots of parking. This can be a wonderful investment. With rental units becoming more in demand, this is a VG investment. Please do not tell Tenants that property is for sale.
More Information MLS# 723561
Status Change Info
Pending Date: 2012-06-08
Closing Date: 2012-10-08
Contract Information
Listing Price: 725000
Current Price: $725,000
List Price/SqFt: 50.07
Status: Closed
Location
Street #: 815
Street Name: PICKARD
County: Valencia
City/Town Code: Belen
State/Province: NM
Zip Code: 87002
Directions: Exit first Exit going South at Belen and follow Main Street until the first street past McDonalds which is Pickard, right to address on South side of Street. Please do not reveal to Tenants that property is for sale.
Geo Lat: 34.665337
Geo Lon: -106.777069
Area: 741 - Belen
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Building
Apx Structured SqFt: 14480
SqFt Source: Professional
Acres: 1.12
Lot SqFt: 48787
Apx Lot Dim Front: 324.00
Apx Lot Dim Side: 155.00
Lot Description: Rectangular
Lot Size Source: Plat
Total # Stories: 1
# Parking Spaces: 30
Docks: No
Door Height: 80.00
Disability Access: Yes
HVAC: Yes
% Occupied: 100
Transaction Type: Sale
Tax & Legal Info
UPC Code: 100702811044000000
Short Legal Desc: Lots 1 thru 6, Block 9, Central Townsite Addition - Plat Cabinet A, page 93
GRT Code: 14-129
Current Taxes: 5470
Tax Exemption: Unknown
Income & Expenses
Annual Oper Expenses: 86887
Annual Gross Income: 113647
Annual Insurance: 3296
Annual Utilities: 11362
Annual Bldg Maint: 11504
Annual Mgmt Expense: 6513
Lease Term/Months: 12
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Zoning
Zoning Verified: Yes
Property Features
Location: Downtown; Other - See Remarks; Downtown; Other - See Remarks
Construction: Frame
Exterior Material: Stucco
Property Access: E Property Line; N Property Line
Utilities: All City; Electricity Available
Heating: Gas
Cooling: Evaporative Cooling
Tenant Pays: Electric; Gas
Features: Carpeting; Security Lighting
Lease Information: Call List Office
Parking: Guest Parking; Onsite
Docs/Data Available: Aerial Map; Deed; Existing Leases
Finance Considered: Cash; Conventional; FHA; VA
Zoning: R-2
Listing Office: Berkshire Hathaway Home Services New Mexico Properties
Last Updated: August - 09 - 2017
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