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4313 Sabana Loop SE S, Rio Rancho, NM 87124

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For Sale
Sale Pending

$699,500

2 beds4,125 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $169.58
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

4313 Saabana Loop sits at the middle of newer construction fourplexes. These fourplexes offer some of the largest units in Rio Rancho and the unit mix is attractive to investors and owner occupants with 3 x 2 bedroom, 1.75 bathroom, 1,000 sf units and one large, 1125 sf, 3 bedroom 2 bathroom unit. Each apartment include washer/dryer hookup.Located in a growing area of Rio Rancho, close to great amenities and expanding employers, these rentals are well positioned for that owner occupant or investor who wants to take advantage of the coming rent increases from the continued expansion of Amazon, Netflix, Facebook, and Intel.Measures of investment performance at ask price of 699,500 with a current average rent of $1,028 are a GRM of 14.18, a 4.84% cap rate before reserves, 4.71% cap
MLS# 1063918

Courtesy Of NM Apartment Advisors Inc.

(505) 440-8633

Property Features

  • Age
    11-20 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Tile
  • Heating System
    Central Furnace, Forced Air
  • Lot Size
    0.23 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom

Home seller CENTURY 21 Camco Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Camco Realty

(505) 292-2021
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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