Home 
About Us 
Quick Guide 
Listings 
 Office Location 
Agriculture 
Investment 

 

Click on thumbnails below to enlarge photo

 

GREYHOUND Apartments (30 Units)

Want a good investment; take a look at Greyhound Apartments, located at 400 North Ave K, Portales, New Mexico. Greyhound apartments are located just one block from Eastern New Mexico University. Units are all ground level, located in one triangular shaped lot. Ten units have metal carport parking. Apartment complex consists of 30 units. Six 1 bedroom units and twenty-one 2 bedroom units, 2 studio apartments, 1

SOLD

three bedroom unit. No pets are allowed.

Utilities: Total electric. Each unit has cook stove and refrigerator. Tenant is responsible for electricity and telephone. Cable is provided

Roof: Metal roofs on all units

Extras: Units have wind protection for storm doors and small outside storage

ESTIMATED ANNUAL EXPENSES:

2005

Taxes: $ 4,599.20

City Utilities:

Water: $ 9,913.00

Electric: $ 2,775.00

Cable TV: $ 3,240.00

AVERAGE INCOME SUMMARY:

30 UNITS @333.33 AVERAGED RENT = $ 9,999.90

ANNUAL INCOME = $119,998.80

This averaged rent is at the cost of the rent now.

Contact the

Associate Broker

Kercida Merrick at

 505.760.5760

$975,000.00

100_11041.jpg

100_11052.jpg

100_11063.jpg

100_11074.jpg

100_11085.jpg

100_11096.jpg

100_11107.jpg

100_11118.jpg

100_11129.jpg

100_111310.jpg

 

 

 

100_1209.JPG

100_1210.JPG

100_1211.JPG

100_1212.JPG

100_1213.JPG

100_1214.JPG

100_1215.JPG

100_1216.JPG

100_1217.JPG

100_1218.JPG

100_1219.JPG

100_1220.JPG

100_1221.JPG

100_1222.JPG

100_1223.JPG

100_1224.JPG

100_1225.JPG

100_1226.JPG

100_1227.JPG

100_1228.JPG

 

 

email us