Pete Taylor - Coldwell Banker Legacy

Description

Great income producing property, a rare opportunity in the local market. 30 Units in great location and with a waiting list of tenants! Individual units have been regularly maintained and will offer any buyer a very acceptable return on investment. Nearly every unit has brand new efficiency toilets and many have new flooring and fixtures. Separate electric meters for individual units makes it easy to manage tenants and keep maximum coming cashflow to the owner. Mostly studio and 1 bedrooms units ideal for leasing to professionals who come to the local area for temporary work. Wonderfully located within walking distance to downtown Gallup so tenants can take advantage of entertainment and commerce in the local market. Surely these units will not last long, make your move today! Do not disturb tenants.

Details

MLS#20181409
Sub-TypeResale
StatusActive
Year1920
Days On Site171

Features

Units30
Building(s)1

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Area Information

StateNM
CountyMcKinley
CityGallup
Zip Code87301
AreaDowntown
Listing VS Median (in 87301)
Price:
$1,555,000
low | high
Med:
$140,000
100% of Average
On Site:
171
low | high
Med:
171
100% of Average
Listing Updated: 10/18/2018
MLS Number: 20181409
Listing Provided By:
RICK LAEMMLE  of  COLDWELL BANKER HIGH DESERT REALTY