1008-1044 Sage St, Grants, NM 87020
For sale 72-unit apartment complex in Grants, NM, with most units renovated and wind-resistant shingle roofing.
Property Features for 1008-1044 Sage St
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Investment Insights
Based on property information with market context.
According to county data referenced in the remarks, there is a shortfall of housing units in Grants, New Mexico, and the complex is positioned to meet local housing demand. The exterior improvements noted include Owens Corning Duration Architectural Teak Shingles, designed as a 50-year, 130 mph wind-resistant roofing system.
Interior renovations described for most units include new flooring, electrical upgrades, appliances, trim, cabinets, and fixtures, with units presented as turnkey. The property also provides space for additional outdoor features, and the remarks cite potential to expand to increase unit count.
Key Highlights
- 72‑unit apartment complex in Grants, NM: 20 triplexes and 3 fourplexes in 23 buildings on 22 lots
- Most units have undergone comprehensive renovations, including flooring, electrical upgrades, appliances, trim, cabinets, and fixtures
- New Owens Corning Duration Architectural Teak shingles: 50‑year, 130 mph wind‑resistant roofing
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Demographics for 87020, NM
Market
Vacancy Rate% for Multifamily in West region