24-Unit Apartment
For Sale
Contact for pricing
Pending
900 Lamont St, Carlsbad, NM 88220
Apartment property with individual HVAC systems, updated finishes, and concealed laundry connections in every unit.
Property SizeContact for details
Days on Market142
Property Features for 900 Lamont St
General Information
Standard status
Pending
Property subtype
Multifamily
Net Operating Income
$142,366
Additional Details
Multifamily Units
24
Listing Agency:
Waller Group Homes
(214) 818-4109
Listed By:
Logan Waller · License #TX 0479147
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:29PM
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 Waller Group Homes
Investment Insights
Based on property information with market context.
Copper Ridge is a 24-unit apartment property at 900 Lamont St in Carlsbad, New Mexico. Each unit has its own HVAC system, copper wiring, updated tile, newer paint, and carpeted bedrooms. Washer and dryer hookups are present in every unit but are currently concealed behind drywall. The property is self-managed, and recent capital work includes replacement of the main plumbing line and approximately one-half of the property’s plumbing lines.
The building offers a range of documented operational and physical features for ownership review, including existing unit-level HVAC and laundry infrastructure. Current occupancy is 85.1% of top-of-market rents based on a survey of comparable properties, while market-average occupancy is identified at 91.0%. The property is located in Carlsbad, NM, with the address provided as 900 Lamont St.
The building offers a range of documented operational and physical features for ownership review, including existing unit-level HVAC and laundry infrastructure. Current occupancy is 85.1% of top-of-market rents based on a survey of comparable properties, while market-average occupancy is identified at 91.0%. The property is located in Carlsbad, NM, with the address provided as 900 Lamont St.
Key Highlights
- 24‑unit apartment property at 900 Lamont St, Carlsbad, NM 88220
- Individual HVAC systems installed in every unit
- Washer and dryer connections exist in all 24 units and are concealed behind drywall
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
Location Intelligence
Trade Area within ½ mile
381
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with individual HVAC systems, updated finishes, and concealed laundry connections in every unit.
Where is this apartment building located?
The property is located at 900 Lamont St Carlsbad, NM.
What are key features of this property?
This property features: 24‑unit apartment property at 900 Lamont St, Carlsbad, NM 88220; Individual HVAC systems installed in every unit; Washer and dryer connections exist in all 24 units and are concealed behind drywall
