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Falcon Flats 309 S 6th St 14 Unit Apartment Building $2,200,000 ($157,143/Unit) Loving, NM 88256



Investment Highlights
- 14 1-3 Bedroom fully furnished apts, some with washer/dryer, exquisite owner/managers residence, basketball gym, game room(s), laundry room
- Situated on 1.98 acres and just 2 blocks north of Loving Schools
- Covered patio, some flats have courtyard access, 3500 sq ft office/conference/training facility with men/women's restrooms
Executive Summary
Have a look at the beautifully remodeled Loving, NM Jr High School located in the Permian Basin & just 2 blocks from the Loving schools. This facility can be your next business location with offices, training facility & employee housing or a multi-family, flex-use investment! Fully furnished & 100% occupied. 1 to 3 bedroom apts with 3500+/- sq ft office & training/conference room, basketball gym & game rooms, laundry facility, flats 10 -14 have access to fenced courtyard. The original wood shop has been exquisitely remodeled into a beautifully natural lit 2 bedroom 2 bath Owner's residence using the original metal home-economic cabinets in the spacious kitchen & laundry room; artfully touched celling accents using the gym bleacher wood, an oversized heated/cooled garage/workshop with 220 power & much more. All flats have individual exterior entrances, refrigerated AC units, 5 units have a washer/dryer.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Smoke Free
Site Amenities
- Business Center
- Laundry Facilities
- Basketball Court
- Furnished Units Available
- Gameroom
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 7 | - | - |
| 3+2 | 2 | - | - |
| 3+1 | 1 | - | - |
| 2+2 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | 4-165-137-067-012 | Improvements Assessment | $0 |
| Land Assessment | $2,430 | Total Assessment | $2,430 |
Property Taxes
Parcel Number
4-165-137-067-012
Land Assessment
$2,430
Improvements Assessment
$0
Total Assessment
$2,430
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Falcon Flats | 309 S 6th St
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