Grants, NM 24-Units
3 Buildings - 24 Units
Marketing description
Significant capital improvements have already been completed, providing immediate value and reducing future maintenance costs. All roofs have been replaced within the past five years using durable TPO roofing systems. Additionally, the property is equipped with newer swamp coolers and water heaters, enhancing overall efficiency and tenant comfort. The majority of units have been thoughtfully remodeled, featuring VCT flooring, fresh interior paint, updated kitchen cabinetry, and butcher block countertops.
Ideally located near the revitalized Route 66 corridor, the property offers convenient access to local amenities, employment centers, and retail destinations. This prime location, combined with strong physical upgrades, positions the asset for consistent occupancy and dependable cash flow, making it an attractive opportunity for investors.
Investment highlights
With convenient access to I-40, offering a strategic gateway to both Albuquerque and Arizona in just over an hour's drive. Unlock the potential for lucrative returns on investment with this well-positioned multi-family property at 1039, 1035 & 1031 High St. Located just off historic Santa Fe Avenue (Route 66 in Grants, NM), this well-maintained multi-unit complex offers a strong investment opportunity with both stability and upside potential. The property consists of three separate buildings, each housing eight units, for a total of 24 residences. The unit mix is primarily composed of 18 spacious two-bedroom one-bath layouts, complemented by a selection of 6 one-bedroom, one-bath units to accommodate a range of tenant needs.
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