Homes by Carolyn Fischman

1015 Calle De Oro, Taos, NM 87571 (MLS# 1043578)

1015 Calle De Oro, Taos, NM 87571

$1,520,000
Property Type: Residential Income Lot Size (sq. ft.): 48,787 Status: Closed
Current Price: $1,520,000 List Date: 10/20/2023 Last Modified: 3/08/2024

Overview

Description

This apartment portfolio to market in the high end ski, arts, and cultural mecca of Taos NM. These properties are offered for the first time in over a generation and the owners are willing to consider individual sales or a portfolio sale. The properties are offered with a fixed date for offers. Total portfolio is 38 units, W -1015-1021 Calle De Oro - 20 units near Wal-Mart - $1,520,000 - 8.04% cap rate The combined start price for the portfolio is based on a 2020 appraisal for the est

Listing Details MLS# 1043578

Status Change Info

Pending Date
2023-11-11
Closing Date
2024-03-04

Contract Information

Allowance/Concession
No

Location

Street #
1015
Street Name
Calle De Oro
County
Taos
City/Town Code
Taos
State/Province
NM
Zip Code
87571
MLS Area Major
630 - Taos
Zone Atlas
NOZA

CityCounty Data

Subdivision Name
Las Buenas Subdivision

General Property Description

# of Units
21
5+ Units
Yes
Property Sub-Type
Multi-Family
Lot Size Source
On-Line
Acres
1.12
Lot SqFt
48787
Directions
From Pase odel Pueblo Sur, and Santiago, east on Santiago, north on Gusdorf to Calle De Oro and the property.
Stories
2
Total Stories in Bldg
2
Total # of Buildings
4
Year Built
1980
Age
Select One
Disability Access
No
LBP Disclosure
No
Builder
Unknown
Owner Occupant Unit
No
Multiple Lots
Three
Flood Zone
X

Basement

Basement
No

More Information

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
Yes
# Baths
Yes
Style
storage/laun
Approx. SqFt
112

# of Unit Types (2)

# of Units
8
# Baths
Yes
Approx. SqFt
383
Actual Rent
718
Max Rent
800
Market Rent
800

# of Unit Types (3)

# of Units
8
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
668
Actual Rent
877
Max Rent
1045
Market Rent
1045

# of Unit Types (4)

# of Units
4
# of Bedrooms
2
# Baths
Yes
Approx. SqFt
750
Actual Rent
1061
Max Rent
1150
Market Rent
1200

Unit Summary

Total Units
21
Average Unit Size
548.57
Average Actual Rent
809.71
Annualized
204048
Total Actual Rent
17004

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
Not Available

Tax & Legal Info

GRT Code
20-126
Tax Exemption
No
Tax Annual Amount
5564

Construction Materials

Frame
Yes
Stucco
Yes

Amenities

Some Landscaping
Yes

Cooling

Evaporative Cooling
Yes

Flooring

Carpet
Yes
Vinyl
Yes

Heating

Central
Yes
Forced Air
Yes
Wall Unit
Yes

Owner Pays

Other - See Remarks
Yes

Tenant Pays

Other - See Remarks
Yes

Income & Expenses

Annual Gross Income
193880
Operating Expenses
80633

Build Description

Resale
Yes

Appliances included

Refrigerator
Yes

Utilities

Electricity Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Miscellaneous Info

No Sign
Yes

Metering

Individual Electric
Yes
Individual Gas
Yes

Operating Expenses

Other - See Remarks
Yes

Parking

Unpaved
Yes

Roof

Flat
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Other - See Remarks
Yes

Source

Actual Record
Yes
Broker Provided
Yes
Owner Provided
Yes

Zoning

R-4
Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Sewer Connected; Water Connected Heating: Central; Forced Air; Wall Unit Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Other - See Remarks Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Parking: Unpaved Roof: Flat Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Source: Actual Record; Broker Provided; Owner Provided Zoning: R-4
Listing Office: NM Apartment Advisors, Inc.
Last Updated: March - 08 - 2024
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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