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104 Aspen Dr - Capitan Estates 20 Unit Apartment Building Offered at $400,000 at a 12.85% Cap Rate Capitan, NM 88316
Investment Highlights
- Two Properties Located Near Ruidoso, NM
- 100% Lot Rent With Rent Increase Upside
- Assets Can Be Purchased Separately or as a Portfolio
- 40 +/- Mobile Home Lots
- Opportunity for Infill and Expansion
- Disclosure: Safe Haven Located in Flood Zone and Survey Necessary to Determine How Many Lots
Property Facts
| Price | $400,000 | No. Units | 20 |
| Price Per Unit | $20,000 | Property Type | Multifamily |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 12.85% | Year Built | 1990 |
| Sale Condition | Business Value Included |
| Price | $400,000 |
| Price Per Unit | $20,000 |
| Sale Type | Investment |
| Cap Rate | 12.85% |
| Sale Condition | Business Value Included |
| No. Units | 20 |
| Property Type | Multifamily |
| No. Stories | 1 |
| Year Built | 1990 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 4076051007232000000 | Improvements Assessment | $104,340 |
| Land Assessment | $84,222 | Total Assessment | $188,562 |
Property Taxes
Parcel Number
4076051007232000000
Land Assessment
$84,222
Improvements Assessment
$104,340
Total Assessment
$188,562
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104 Aspen Dr - Capitan Estates
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