Dragonfly Capital RE
1431 Kimball Place apartment complex aerial view
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1431 Kimball Place

Socorro, NM

4Total Units
2Buildings
~3,250 sfBuilding SF
$675/moAvg Rent
$32,400Annual Rent

Unit Mix

BuildingUnit TypeQty
Buildings 1 & 21 Bedroom3
2 Bedroom1
Total Units4

Property Specifications

Address

1431 Kimball Place, Socorro, NM

Total Units

4

Average Rent

$675/month

Building Size

~3,250 sq ft (both buildings)

Number of Buildings

2

Site Size

0.22 acres

Financial Summary

Annual Rents$32,400.00
Vacancy Loss 10%($3,440.00)
Gross Income$32,399.90
Total Expenses($9,526.31)
NOI$22,873.59
Cap Rate7.65%

Listing Agent

Laura J. Tacker

Associate Broker | Realtor®

Dragonfly Capital RE

📞 505-480-4848✉ [email protected]
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Listing Price

$299,000

Annual Rent

$32,400

Property Summary

Buildings2
Building Size~3,250 sq ft
Site Size0.22 acres
UPC001-138-0031
Legal DescriptionFoothill Terrace Addition Lot 3 Block 5

Photo Gallery

1431 Kimball Place aerial view of two brick buildings with desert landscape
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Aerial View

1431 Kimball Place wide aerial view of Socorro neighborhood with mountains
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Aerial View

1431 Kimball Place aerial view from the north with desert backdrop
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Aerial View

1431 Kimball Place aerial view showing street and neighborhood context
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Aerial View

1431 Kimball Place aerial view with Socorro community and mountains
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Aerial View

1431 Kimball Place close aerial view of both buildings with parking
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Aerial View

1431 Kimball Place Building A exterior with covered walkway and desert landscape
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Exterior View

1431 Kimball Place Building B exterior with mature cottonwood tree
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Exterior View

View toward M Mountain from 1431 Kimball Place with desert landscape
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View Toward M Mountain

1431 Kimball Place low aerial view of buildings with Magdalena Mountains backdrop
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Exterior View

1431 Kimball Place 1 bedroom unit kitchen with wood cabinets and appliances
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1 Bedroom Unit — Kitchen

1431 Kimball Place 1 bedroom unit living room with entry and hallway
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1 Bedroom Unit — Living Room

1431 Kimball Place 1 bedroom unit entry and kitchen open layout
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1 Bedroom Unit — Entry/Kitchen

1431 Kimball Place 1 bedroom unit bathroom with tub and vanity
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1 Bedroom Unit — Bathroom

1431 Kimball Place 2 bedroom unit bedroom 1 with wood-look flooring
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2 Bedroom Unit — Bedroom 1

1431 Kimball Place 2 bedroom unit bedroom 2 with wood-look flooring
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2 Bedroom Unit — Bedroom 2

1431 Kimball Place 2 bedroom unit bedroom 2
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2 Bedroom Unit — Bedroom 2

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