Hanna Commercial, LLC
Listed by Hanna Commercial, LLC
$270,000
1276 Washington Grants, NM
Details
Property Type Multifamily
Sub Type 4 Plex
Square Footage 2,600
Net Rentable (SqFt) 2,600
Units 4
Cap Rate 4.15%
NOI $11,202
Occupancy 100%
Pro-Forma Cap Rate 11.38%
Pro-Forma NOI $30,739
Price per SqFt $104
Broker Co-Op Yes
Class B
Buildings 1
Stories 2
Acreage 0.190
Zoning MR
Investment Type Stabilized
Multifamily | 4 Units | $67,500/unit
Marketing description
Well-maintained two-story fourplex located in Grants, NM. Each of the four spacious units offers approximately 650 square feet with two bedrooms and one bathroom. Bedrooms feature ceiling fans for added comfort. Interiors include durable tile flooring in wet areas and plank flooring or carpet in bedrooms. Kitchens are equipped with updated appliances, providing a clean, modern, and low-maintenance feel.
At the end of the building, there is a designated space for individual tenant storage units that have not yet been finished. This presents an excellent value-add opportunity—complete the storage units to increase rental income or reserve them for owner use.
Listing Contacts
Hanna Commercial, LLC
Listed by Hanna Commercial, LLC
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$11,202.00
$933.50/mo
Valuation Metrics
0
DSCR
4.15%
Cap Rate
4.15%
ROI
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