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315 W Washington Ave 7 Unit Apartment Building $320,000 ($45,714/Unit) Artesia, NM 88210



EXECUTIVE SUMMARY
Commercial Investment Opportunity! This building offers 7 office suites, with 6 currently occupied and generating steady rental income. With room to add value, this property is a great opportunity to build equity and increase returns.
PROPERTY FACTS
| Price | $320,000 | Building Class | C |
| Price Per Unit | $45,714 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 9,053 SF |
| No. Units | 7 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1980 |
| Apartment Style | Low-Rise |
| Price | $320,000 |
| Price Per Unit | $45,714 |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 9,053 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1980 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Basement
1 1
PROPERTY TAXES
| Parcel Number | 4-152-099-367-257 | Improvements Assessment | $0 |
| Land Assessment | $3,161 | Total Assessment | $3,161 |
PROPERTY TAXES
Parcel Number
4-152-099-367-257
Land Assessment
$3,161
Improvements Assessment
$0
Total Assessment
$3,161
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315 W Washington Ave
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