Property Description

Rare opportunity to own one of the few four-plex properties currently available in Rio Rancho. This well-maintained multifamily asset features four spacious 2-bedroom, 1-bath units, each with in-unit washer and dryer hookups. Every unit includes one covered parking space plus additional uncovered overflow parking. Ground-floor units offer large private fenced yards, while upper units feature balconies to enjoy the views and New Mexico weather. Recent improvements include a newer TPO roof, fresh exterior paint within the last year, and various general repairs and updates reflecting pride of ownership. Limited local inventory and strong rental demand make this an excellent investment opportunity. Bring your investors. Four-plexes like this are hard to find. offering a solid 6% CAP

Property Features