Listed by Dunagan Associates
$1,400,000
708 N Fifth Street
Details
APN 4156127087013, 4156127082103 & 084022
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 9,088
Units 12
Acreage 0.413
Parking Spaces 22 spaces
Parking Per SqFt 2.42
Multifamily | 12 Units
Marketing description
Offered for sale is a well maintained 12 unit apartment complex running at a 7.4% CAP rate and is 100% occupied. This 2-story complex offers a newly installed laundry room, eleven 2 bed, 1 bath units and one 1 bed, 1 bath unit all fully furnished. Two-bedroom units are approximately 750 sqf, AC units installed in each apt in 2018, city water, sewer and electric. Located near the Carlsbad High School and PR Leyva Jr High. Dont miss this great investment opportunity located north Carlsbad and in a rapidly growing oil and gas community in the Permian Basin
Listing Contacts
Listed by Dunagan Associates
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