1040 SAGE Avenue, Grants, NM 87020 (MLS# 1008405)

1040 SAGE Avenue, Grants, NM 87020

$1,000,000

Property Type: Residential Income Square Footage: 16,000 Lot Size (sq. ft.): 8,146 Status: Closed

Current Price: $1,000,000 List Date: 2/04/2022 Last Modified: 8/09/2022

Overview

Description

Owner is a Licensed NM Real Estate Broker who is not the listing agent. Property only shown on Tuesdays or Thursdays with 48hrs notice and proof of funds.

Listing Details MLS# 1008405

Status Change Info

Pending Date: 2022-03-29
Closing Date: 2022-08-08

Contract Information

List Price/SqFt: 62.5
Allowance/Concession: No

Location

Street #: 1040
Street Name: SAGE
St Suffix: Avenue
County: Cibola
City/Town Code: Grants
State/Province: NM
Zip Code: 87020
Zip +4: 2901
MLS Area Major: 390 - Cibola
Zone Atlas: NOZA

General Property Description

# of Units: 24
5+ Units: Yes
Units for Sale: 24
Property Sub-Type: Multi-Family
Living Area: 16000
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.19
Lot SqFt: 8145.72
Directions: Property located on Sage in Grants NM just south of the Cemetery
Stories: Yes
Total Stories in Bldg: Yes
Total # of Buildings: 8
Year Built: 1976
Age: 31 - 40
Disability Access: No
LBP Disclosure: Yes
Builder: Smih
Owner Occupant Unit: No
Flood Zone: X

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: 16
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 500
Actual Rent: 500
Max Rent: 550
Market Rent: 550

# of Unit Types (2)

# of Units: 8
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 650
Actual Rent: 600
Max Rent: 650
Market Rent: 650

Unit Summary

Total Units: 24
Average Unit Size: 550
Average Actual Rent: 533.33
Annualized: 153600
Total Actual Rent: 12800

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 2054062522435

Tax & Legal Info

GRT Code: 33-227
Tax Exemption: No
Tax Annual Amount: 1014.2

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

No Landscaping: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Tile: Yes

Heating

Central: Yes
Forced Air: Yes

Owner Pays

Sewer: Yes
Trash Removal: Yes
Water: Yes

Tenant Pays

Electric: Yes
Gas: Yes

Build Description

Resale: Yes

Appliances included

Built-In Gas Range: Yes
Refrigerator: Yes

Utilities

Electricity Connected: Yes
Natural Gas Available: Yes

Electric Provider

Community: Yes

Electric

None: Yes

Miscellaneous Info

No Sign: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Call Listing Broker: Yes

Parking

1.5 Spaces Per Unit: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Call Listing Broker: Yes
Month To Month: Yes

Zoning

C-LI: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: No Landscaping Appliances included: Built-In Gas Range; Refrigerator Utilities: Electricity Connected; Natural Gas Available Heating: Central; Forced Air Cooling: Evaporative Cooling Flooring: Tile Electric Provider: Community Electric: None Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Call Listing Broker Owner Pays: Sewer; Trash Removal; Water Tenant Pays: Electric; Gas Parking: 1.5 Spaces Per Unit Rental Info: Call Listing Broker; Month To Month Finance Considered: Cash; Conventional Zoning: C-LI

Listing Office: Sperry Van Ness/WACB, Inc.

Last Updated: August - 09 - 2022

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