309-313 Geraldine Loop SE

Rio Rancho, NM 87124 · Star Heights 2
$1,030,000

About this property

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.

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Details

Price
$1,030,000
Beds
2
Baths
8
Square feet
6,684
Lot size
0.57 acres
Year built
1980
Type
Quadruplex
Neighborhood
Star Heights 2
Heating
Central,ForcedAir
Cooling
EvaporativeCooling
MLS #
1107082

Listed by Michael Schlichte, Absolute Real Estate · (505) 681-8578. Data from the Southwest MLS, refreshed every 15 minutes.

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