708 N Fifth St, Carlsbad, NM 88220
- $1,400,000
- List Price
- $1,400,000
- MLS#
- 20263251
- Acres
- 0.41
Property Description
Offered for sale is a well maintained 12 unit apartment complex running at a 7.4% CAP rate and is 100% occupied.This 2-story complex offers a newly installed laundry room, eleven 2 bed, 1 bath units and one 1 bed, 1 bath unit all fully furnished. Two-bedroom units are approximately 750 sqf, AC units installed in each apt in 2018, city water, sewer and electric. Located near the Carlsbad High School and PR Leyva Jr High. Don't miss this great investment opportunity located north Carlsbad and in a rapidly growing oil and gas community in the Permian Basin. Call your favorite realtor or Amanda @ 575-302-0382 for more information!
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Additional Information
- Taxes
- $2,466
- Roof
- Pitched
- Utilities
- Electricity Available, Sewer Connected
- Heating
- Forced Air
- Cooling
- Refrigerated
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Listing courtesy of Dunagan Associates.