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    OFF-MARKET
    Small apartment buildings

    22 Road 3085, Aztec, NM 87410

    Property ID
    US61-0500059
    Property summary
    AI-generated overview

    This exceptional Aztec, NM investment opportunity presents a four-unit multifamily property, comprising three homes and a mobile home space, all situated on a generous 4.95-acre lot. The property includes a five-bedroom, five-bathroom site-built home with a two-car garage and full handicap accessibility on the first floor. A charming three-bedroom, two-bathroom manufactured home is also included, currently rented, providing immediate income. A second rental property, a cozy two-bedroom, one-bathroom home, further enhances the investment potential. The fourth income stream is generated by a currently rented mobile home space. All three homes are currently generating rental income. Located at 22 Road 3085, Aztec, NM 87410, this property offers significant potential for future development or expansion given its substantial lot size. The asking price for this multifamily investment is $540,000. This property presents a rare opportunity to acquire a well-established, income-producing multifamily asset in a desirable location. The ample land provides room for future expansion or development, adding to the long-term investment value. This is an ideal opportunity for investors seeking a strong return on investment in a stable market.

    Property profile
    Verified
    Property type Small apartment buildings
    UPID US61-0500059
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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