Furnished Four-Unit Rental
For Sale
Contact for pricing
520 NE First Street, Carlsbad, NM 88220
Newer construction features furnished residences with private laundry areas and modern, high-end fixtures.
Property SizeContact for details
Days on Market128
Property Features for 520 NE First Street
General Information
Standard status
Active
Property subtype
Multifamily
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Additional Details
Cap Rate
10%
Amenities
laundry facilities
Building Details
Buildings
1
Listing Agency:
CENTURY 21 Dunagan Associates
(575) 885-2138
Listed By:
Kerri D Fowler · License #50986
Source:
Crexi
Added: Apr 24
Changed: Aug 29
Last Checked: Aug 29 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Dunagan Associates
Investment Insights
Based on property information with market context.
Located at 520 NE First Street in Carlsbad, this newer-construction quadplex is operated as a short-term rental property. The four residences are furnished and include three bedrooms, two bathrooms, laundry facilities, and modern high-end fixtures. Each unit is configured for independent occupancy and includes a complete residential layout suited to the current rental model.
The property has recorded high occupancy rates and documented rental income. The listing information also identifies a 10% CAP rate. Its existing furnishings, unit-level amenities, and established short-term rental operation provide a clearly defined configuration for continued use.
The property has recorded high occupancy rates and documented rental income. The listing information also identifies a 10% CAP rate. Its existing furnishings, unit-level amenities, and established short-term rental operation provide a clearly defined configuration for continued use.
Key Highlights
- Four‑unit quadplex at 520 NE First Street in Carlsbad, NM
- Each unit includes 3 bedrooms, 2 bathrooms, and laundry facilities
- Furnished units with modern, high‑end fixtures
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Explore this area
Business Placement
Demographics for 88220, NM
40,762
Population
17,692
Households
2.3
Avg Household Size
36
Median Age
20%
College-Educated
84%
High-School Grad
1,907.6 sq mi
ZIP Area
21
Density / Sq Mi
$79,668
Median Household Income
$45,302
Median Earnings
$1,218
Median Rent
$192,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Newer construction features furnished residences with private laundry areas and modern, high-end fixtures.
Where is this quadplex located?
The property is located at 520 NE First Street Carlsbad, NM.
What are key features of this property?
This property features: Four‑unit quadplex at 520 NE First Street in Carlsbad, NM; Each unit includes 3 bedrooms, 2 bathrooms, and laundry facilities; Furnished units with modern, high‑end fixtures
