4313 Sabana Loop Se
Rio Rancho,
NM
87124
Property Details
| List Price: |
$699,500 |
| Beds: |
2 |
| Baths: |
-- |
| Status: |
Pending |
SqFt: |
4125 |
| Agency: |
NM Apartment Advisors Inc. |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
Residential |
| Year Built: |
2005 |
| Notes: |
4313 Saabana Loop sits at the middle of newer construction fourplexes. These fourplexes offer some of the largest units in Rio Rancho and the unit mix is attractive to investors and owner occupants with 3 x 2 bedroom, 1.75 bathroom, 1,000 sf units and one large, 1125 sf, 3 bedroom 2 bathroom unit. Each apartment include washer/dryer hookup.Located in a growing area of Rio Rancho, close to great amenities and expanding employers, these rentals are well positioned for that owner occupant or investor who wants to take advantage of the coming rent increases from the continued expansion of Amazon, Netflix, Facebook, and Intel.Measures of investment performance at ask price of 699,500 with a current average rent of $1,028 are a GRM of 14.18, a 4.84% cap rate before reserves, 4.71% cap |
| MlsNumber: |
1063918 |
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| Listing Provided By: |
NM Apartment Advisors Inc., original listing |
| Name: |
NM Apartment Advisors Inc. |
| Phone: |
(505) 440-8633 |
| Office Name: |
NM Apartment Advisors, Inc. |
| Office Phone: |
(505) 440-8633 |
| Agent Name: |
Todd Clarke |
| Disclaimer: |
Copyright © 2024 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
