309-313 Geraldine LOOP SE, Rio Rancho, NM 87124
309-313 Geraldine LOOP SE, Rio Rancho, NM 87124
309-313 Geraldine LOOP SE, Rio Rancho, NM 87124
309-313 Geraldine LOOP SE, Rio Rancho, NM 87124
309-313 Geraldine LOOP SE, Rio Rancho, NM 87124
309-313 Geraldine LOOP SE, Rio Rancho, NM 87124
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Jeremiah Collins

Jeremiah Collins

+1(505) 710-5478
Listed by Absolute Real Estate
$ 1,030,000
Est. payment | /mo

2 Beds

8 Baths

6,684 SqFt

Save
$ 1,030,000
Est. payment | /mo
Save

2 Beds

8 Baths

6,684 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,684 sqft

Price per Sqft $154

Subdivision Star Heights 2

MLS Listing ID 1107082

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $3,716

Lot Size 0.570 Acres

Acres 0.57

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

Prime Multi-Family Investment Opportunity in Rio Rancho!Discover this rare investment consisting of two separately parceled 4-plex buildings offered for sale together. These eight well-maintained 2-bedroom, 1-bath units are currently occupied by long-standing tenants, delivering immediate, stable income with strong upside potential. Located in a high-demand rental market where quality multi-family properties are extremely difficult to find, this portfolio offers a turnkey solution for the savvy investor. The units are clean, functional, and have been thoughtfully cared for, resulting in reliable cash flow and minimal deferred maintenance.Don't miss this exceptional chance to acquire a performing 8-unit asset in one of the area's most desirable locations.

Location

State NM

County Sandoval

Area 150 - Rio Rancho Mid

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet

Fireplace No

Appliance Dishwasher, Refrigerator

Exterior

Exterior Feature Lighting

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 1011069267181

Acceptable Financing Cash, Conventional, FHA, Other, See Remarks, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, Other, See Remarks, VA Loan

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

Jeremiah Collins

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 710-5478

redbooth@gmail.com

150 Washington Ave Suite 201, Santa Fe, NM, 87501, USA

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309-313 Geraldine LOOP SE