3665 Cerrillos RdSanta Fe, NM 87507
For Sale
$3,100,000
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- Strong Day-1 Cash Flow & Value-Add Potential; 6.13% Projected Year 1 Cap Rate.
- Value-Add Opportunities: Lease-up of 3 vacant sites, utility pass-through implementation, and upgrading park homes.
- 39-Space Mobile Home Park (MHP) in Desirable Santa Fe Location; Primarily Tenant-Owned Homes.
- City Water & Sewer; Strong Local Economy Driven by Tourism, Arts, & Government.
- High Market Growth; $584,000 Average Home Value; 4.2% Year-Over-Year Appreciation; Convenient Location near Amenities & Schools.
Property Details for 3665 Cerrillos Rd
- Property type
- Multifamily properties, Mobile home & RV parks
- Year Built
- 1970
- Lot Size (sq. ft)
- 122,839 SF
- Units
- 39
Location Insight
- City
- Santa Fe
- County
- Santa Fe
- State
- New Mexico
- Latitude
- 35.6457987
- Longitude
- -106.0075707
3665 Cerrillos Rd, Santa Fe, New Mexico
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