1000 La Joya Street, Espanola, NM 87532

$484,953

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List Price
$484,953
Price Change
▲ $184,953 1783473150
MLS#
1105202
Property Type
Land
Lot Size
493,535
Region
Santa Fe County N of RR
Status
PENDING

Property Description

This site is strategically located at one corner of the Los Alamos/Espanola/Santa Fe employment triangle, which boasts a population of 217,008, with a median age of 45 and an average household income of $101,364. There is also opportunity to gain an additional 10 acres from adjacent land owners.The property is being offered via BID process with a start price of $300,000, equating to $4,545 per unit, or $0.60/sf with projected rents of $1,825 per unit or $1.82 per square foot. The current owners are pleased to provide conceptual site plans and development models to qualified developer/investors who complete the online confidentiality agreement.Subject property might qualify for the next round of funding from MFA / OEF

Additional Information

County
Santa Fe
Subdivison
N/A
Acres
11.33
Township
N/A
Utilities
Electricity Available, Phone Available, Sewer Available, Water Available, Sewer Not Available
Water
Other

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Todd D Clarke from NM Apartment Advisors, Inc.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.