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The information contained herein was obtained from sources believed reliable; however, the brokers  makes no guarantees,  warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject  to errors, omissions,  change of price or conditions prior to sale or lease or withdrawal without notice.

Madrid Manor

25 unit Apartment Community

202 West Madrid—Las Cruces, New Mexico

Marketing Team 

 

 

 

 

 

Annette West CCIM

505.644.1634

awest@nmapt.com

NM Apartment Advisors Inc.

Andre Panebouef

505.480.3443

andrep@nmapt.com

NM Apartment Advisors Inc.

Mary Villanueva

505.507.LAND

maryv@nmapt.com

NM Apartment Advisors Inc.

 

 

Executive Summary   

25

 

units

1947/1985

 

Year Built

17,460

+/-

Bldg SF

62,485

+/-

Land Sf

698

 

Avg. unit Size in sf

$382

 

Avg. Rent

 spaces

 

 

Parking

 

 

 

Investment Information

 $ 985,000

 

List Price

      $ 39,400

 

$/Unit

       $ 56.41

 

$/sf

            8.76

 

GRM

6.30%

 

CAP

Before Reserves 

 

 

 

Property Information

92.5%

 

Occupied