BEDS2
BATHS
SQUARE FEET6,684
MLS#1107082
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONStar Heights 2
Property Description
Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality multi-family properties are extremely difficult to find, this portfolio offers a turnkey solution for the savvy investor. The units are clean, functional, and have been thoughtfully cared for, resulting in reliable cash flow and minimal deferred maintenance.Don't miss this exceptional chance to acquire a performing 8-unit asset in one of the area's most desirable locations.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Central, Forced Air
Lot Size: 0.57 Acres
Stories: 2.0
Taxes: $3,716
Year Built: 1980
Amenities
Lighting
Feature Descriptions
Appliances: Dishwasher, Refrigerator
Exterior: Frame, Stucco
Flooring: Carpet
Parcel#: 1011069267181
Units: 8
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Listed By / Shown By
Listed By
Agency Name: Absolute Real Estate
Agency Phone: (505) 681-8578
Shown By
Agent Name: Michelle Smith
Agent Phone: Cell: (505) 417-1640
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 2,902.42 per month $2,292.33 Principal & Interest $309.67 Property Tax $300.42 Homeowner's Insurance
309-313 Geraldine Loop Se | MLS# 1107082
This multi-family property located at 309-313 Geraldine Loop Se, Rio Rancho, NM 87124 is currently listed for sale with an asking price of $1,030,000. Search Rio Rancho real estate on msmith.cblegacy.com today.