919 Paseo Del Pueblo Sur, Taos, NM 87571 (MLS# 990624)

919 Paseo Del Pueblo Sur, Taos, NM 87571

$1,450,000

DMM-PaseoDelPuebloSur919-Taos-0413201 (1

DM2-TaosSunGodLodget-Sunset-04092021 (3)

Property Type: Residential Income Square Footage: 14,900 Lot Size (sq. ft.): 83,200 Status: Closed

Current Price: $1,450,000 List Date: 4/27/2021 Last Modified: 1/23/2024

Overview

Description

Formerly known as the SunGod Lodge, this unique property is in a high barrier to entry market. Redevelop as high end micro-housing - the back door approach to development indicates an upside of $2,969,251.

Listing Details MLS# 990624

Status Change Info

Pending Date: 2021-08-09
Closing Date: 2023-10-21

Contract Information

List Price/SqFt: 97.32
Allowance/Concession: No

Location

Street #: 919
Street Name: Paseo Del Pueblo Sur
County: Taos
City/Town Code: Taos
State/Province: NM
Zip Code: 87571
Zip +4: 5967
MLS Area Major: 630 - Taos
Zone Atlas: NOZA

General Property Description

# of Units: 56
5+ Units: Yes
Units for Sale: 56
Property Sub-Type: Multi-Family
Living Area: 14900
Lot Size Source: On-Line
Acres: 1.91
Lot SqFt: 83199.6
Directions: From ABQ - north on I-25 to Santa Fe, Highway 599 bypass towards Taos, on High US285/*4W - in Espanola stay on until turns to NM-68 into Taos - Walmart on left, property on right
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 5
Year Built: 1980
Age: 41 - 50
Disability Access: Unknown
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: One
Flood Zone: X

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

More Information

# of Unit Types (1)

# of Units: 24
# Baths: Yes
Style: Studio
Approx. SqFt: 180
Market Rent: 900

# of Unit Types (2)

# of Units: 12
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 310
Market Rent: 120

# of Unit Types (3)

# of Units: 20
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 310
Actual Rent: 1200
Max Rent: 1200
Market Rent: 1200

Unit Summary

Total Units: 56
Average Unit Size: 254.28
Average Actual Rent: 428.57
Annualized: 288000
Total Actual Rent: 24000

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 15677

Tax & Legal Info

GRT Code: 20-126
Tax Exemption: Unknown
Tax Annual Amount: 10210.05

Construction Materials

Adobe: Yes
Frame: Yes
Stucco: Yes

Amenities

Some Landscaping: Yes

Cooling

None: Yes

Flooring

Carpet: Yes
Tile: Yes
Vinyl: Yes

Heating

None: Yes

Owner Pays

Other - See Remarks: Yes

Tenant Pays

Other - See Remarks: Yes

Build Description

Resale: Yes

Appliances included

None: Yes

Utilities

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Water Available: Yes

Electric Provider

Community: Yes

Electric

None: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Other - See Remarks: Yes

Zoning

C-1: Yes

Property Features

Construction Materials: Adobe; Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: None Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Heating: None Cooling: None Flooring: Carpet; Tile; Vinyl Electric Provider: Community Electric: None Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Zoning: C-1

Documents

Flyer & APOD ›

LO SO Letter to Buyers, Buyers Brokers ›

Listing Office: NM Apartment Advisors, Inc.

Last Updated: January - 23 - 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.