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1309A Paseo Del Pueblo Norte

Prado, NM 87571
  • $373,000
  • STATUS: Active
  • ON SITE: 139 Days
  • MLS #: 110945
UPDATED: 56 min ago
$373,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
High School:
[Taos County Association of Realtors] logo Listing provided courtesy of NM Apartment Advisors Inc.: 505-440-8633.

Description

These properties are offered for the first time in over a generation and the owners are willing to consider individual sales or a portfolio sale. The properties are offered with a fixed date for offers. Each of the properties offers something amazing include: V-122 Morado 6 units adjacent to Kit Carson park - $525,000 8.28% cap rate S 111-113 Elidio 9 units walking distance to the Plaza - $495,000 9.0% cap rate W -1015-1021 Calle De Oro 20 units near Wal-Mart - $1,520,000 8.04% cap rate E- 1309A Paseo Del Pueblo Norte 3 unit mixed use property with main street frontage - $373,000 The combined start price for the portfolio is based on a 2020 appraisal for the estate at $2,913,000 The owner has priced these deals under market comparable sales to ensure an expedited closing. Timeline of events for the BID process: Properties will be featured in a zoom meeting/overview on Tuesday November 7th, 2023 at noon. Qualified Investors can register for the zoom meeting and receive copies of inspections and appraisals for each property by registering (ask your broker) The offer deadline is noon on Thursday, November 9th, Offers received prior to that date will not receive a response until after the offer deadline. Offers received prior to that date with an expiration prior to Monday, November 13th, 2023, will not receive a response. Please do not ask what it would take to take the property off the market as the owner is dedicated to using the BID process and letting the market interest determine the final price. Tax Savvy investors are taking benefit of the cost segregation + 2018 tax cuts & job act to garner amazing tax shelter on a Federal level. Said benefit decreases from 100% to 80% on 1/1/2024. Ask your broker for the link to this info.

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© 2024 Taos Association of Realtors MLS, Inc. All rights reserved. Data last updated: 2024-03-02T13:29:11.953.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Berkshire Hathaway Taos Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real state, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. TCAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TCAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, PR USE OF THIS MATERIAL.

Publisher’s Notice: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

TCAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.bhhstaos.com/homes/144397326
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1309A Paseo Del Pueblo Norte Prado, NM 87571

  • Price: $373,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 56 min ago
  • MLS #: 110945
0
Beds
0
Baths
0
½ Baths
0.96
Acres
Neighborhood:
Las Haciendas
County:
Taos
Area:
Town Of Taos (45A)
Elementary School:
Taos Elementary
High School:
Taos
Property Description
These properties are offered for the first time in over a generation and the owners are willing to consider individual sales or a portfolio sale. The properties are offered with a fixed date for offers. Each of the properties offers something amazing include: V-122 Morado 6 units adjacent to Kit Carson park - $525,000 8.28% cap rate S 111-113 Elidio 9 units walking distance to the Plaza - $495,000 9.0% cap rate W -1015-1021 Calle De Oro 20 units near Wal-Mart - $1,520,000 8.04% cap rate E- 1309A Paseo Del Pueblo Norte 3 unit mixed use property with main street frontage - $373,000 The combined start price for the portfolio is based on a 2020 appraisal for the estate at $2,913,000 The owner has priced these deals under market comparable sales to ensure an expedited closing. Timeline of events for the BID process: Properties will be featured in a zoom meeting/overview on Tuesday November 7th, 2023 at noon. Qualified Investors can register for the zoom meeting and receive copies of inspections and appraisals for each property by registering (ask your broker) The offer deadline is noon on Thursday, November 9th, Offers received prior to that date will not receive a response until after the offer deadline. Offers received prior to that date with an expiration prior to Monday, November 13th, 2023, will not receive a response. Please do not ask what it would take to take the property off the market as the owner is dedicated to using the BID process and letting the market interest determine the final price. Tax Savvy investors are taking benefit of the cost segregation + 2018 tax cuts & job act to garner amazing tax shelter on a Federal level. Said benefit decreases from 100% to 80% on 1/1/2024. Ask your broker for the link to this info.
Property Features

Lease Term Other Listing Agreement Exclusive Agency Property Sub Type Multi Family Tax Annual Amount 2476 Tax Legal Description Part of Tract 1 Map 7 Survey 2 Quad Vegetation Other

© 2024 Taos Association of Realtors MLS, Inc. All rights reserved. Data last updated: 2024-03-02T13:29:11.953.
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Berkshire Hathaway Taos Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real state, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. TCAR MLS, INC. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. TCAR MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, PR USE OF THIS MATERIAL.

Publisher’s Notice: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

TCAR MLS, Inc. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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Logo
Berkshire Hathaway Taos Real Estate
314 Paseo Del Pueblo Norte A
Taos NM, 87571
[Taos County Association of Realtors] logo Listing provided courtesy of NM Apartment Advisors Inc.: 505-440-8633.