Parkland Hills, NM homes for sale & real estate

Parkland Hills, NM Homes for Sale

This is a core asset with stabilized cash flows that could also be a value-add opportunity if an investment was made in upgraded finishes for the balance of the units. CORE AssetMeasures of investment performance at the ask price of $2,661,159 and current average rents of $792 a month are a GRM of 10.77, a 6.62% cap rate, $102,352 per unit, $204/sf, and an after tax internal rate of return is 13.20%And Value AddThe property is currently 24% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,023, the metrics of investment performance improve to a cap rate of 8.03% and a cash on cash of

Parkland Hills, NM Homes for Sale

This 2-bedroom, 2-bathroom home offers 1,292 square feet of living space. Outside, you'll find a spacious backyard with mature trees, just waiting for your landscaping vision. Create the perfect outdoor oasis for hosting summer BBQs or simply enjoying a quiet morning coffee. The covered patio offers endless potential for a cozy outdoor living area. Located in a well-established neighborhood, this home is just minutes away from shopping, dining, and entertainment options. With a little TLC, this home can be transformed into a true gem. Don't miss this opportunity to create the home of your dreams. Schedule a viewing today.

Parkland Hills, NM Homes for Sale

Extremely well-maintained tri-plex located near Kirtland Air Force Base/Ridgecrest/University of New Mexico. This property features 3 single story spacious units. Two units are 1bed/1bath and one unit is 2beds/1bath and 1 car garage. Each unit is individually metered for gas and electric, providing convenience and flexibility for both tenants and owners. The roof was replaced in 2018, and the property offers both on-site and street parking options. Tenants currently hold month-to-month leases, making it a versatile opportunity for owner-occupiers or investors. This is an ideal property with steady rental demand in a highly desirable area.

Parkland Hills, NM Homes for Sale

Located on a beautiful tree lined street in the Nob Hill, Southeast Heights neighborhoods. This home has an attached accessory dwelling unit, in law suite or possible rental opportunity separated by an enclosed sunroom in the rear of the house with a private entrance. Overall the home is a 3 bedroom, 2 bathroom if the rear dwelling unit is not treated separately. Vintage cabinets welcome you in the open eat in kitchen with a separate formal dining room. The garage has a front and rear entrance. Carpeting have been cleaned.

Parkland Hills, NM Homes for Sale

Awesome Location, Easy walk to all that Nob Hill has to offer. This 1727sqft 3bd 2bath home with heated 1 car garage and great bonus/flex room. New HVAC 2024, tankless H2O heater, Fully landscaped front and backyard, with wonderful long leave pine and fruit trees and raised wall makes the backyard a pleasure to spend time in. Original hardwood floors