3002 San Jose Blvd Carlsbad, NM 88220
This exceptional investment opportunity presents a three-unit property located at 3002 San Jose Boulevard in Carlsbad, New Mexico, 88220. Built in 1960, this special purpose property is offered at an asking price of $200,000. The property comprises three units, each offering a unique layout. Two units (B and C) feature two bedrooms and one bathroom, while unit A boasts three bedrooms and one bathroom. Each unit is approximately 880 square feet. The units feature open floor plans, providing a comfortable and spacious living environment. Convenient refrigerated air conditioning ensures year-round comfort, and covered parking is available for residents. While the floor plans vary slightly between units, each offers a functional and appealing living space. This property is situated in Eddy County and presents a strong potential for rental income and future appreciation. The property's location in Carlsbad offers access to local amenities and services. This is an ideal opportunity for investors seeking a multi-family property with established rental potential in a desirable location. Serious inquiries are encouraged to explore this promising investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.