Unit Mix
| Building | Unit Type | Qty |
|---|---|---|
| Building 1 (2-Story) | 1 Bedroom | 6 |
| 2 Bedroom | 4 | |
| Buildings 2 & 3 (Single-Story) | 1 Bedroom | 5 |
| Total Units | 15 | |
Property Specifications
Address
906 School of Mines, Socorro, NM
Total Units
15
Average Rent
$675/month
Building Size
~14,738 sq ft (all 3 buildings)
Number of Buildings
3
Site Size
0.51 acres
Financial Summary
| Annual Rents | $121,500.00 |
| Vacancy Loss 5% | ($6,075.00) |
| Gross Income | $121,499.95 |
| Total Expenses | ($39,350.14) |
| NOI | $82,149.81 |
| Cap Rate | 7.14% |
Listing Price
$1,150,000
Annual Rent
$121,500
Property Summary
Photo Gallery
Units 1–10 · Two-Story Building
Aerial View · Units 1–10
Aerial View · Street Perspective
Units 11–15 · Single Story Buildings · 1-Bedroom Units
Units 11–15 · Single Story Buildings · 1-Bedroom Units
Units 11–15 · Single Story Buildings · 1-Bedroom Units
Location · Adjacent to NM Tech Campus
Aerial View · Neighborhood Context
Aerial View · Mountain Backdrop
Unit 8 · 1-Bedroom Entry
1-Bedroom · Living Room & Kitchen
1-Bedroom · Living Room
1-Bedroom · Living Room
1-Bedroom · Living Room & Kitchen
1-Bedroom · Kitchen
1-Bedroom · Kitchen
1-Bedroom · Kitchen
1-Bedroom · Kitchen
1-Bedroom · Bathroom
1-Bedroom · Bathroom
1-Bedroom · Bathroom
1-Bedroom · Bedroom
1-Bedroom · Bedroom
1-Bedroom · Bedroom with Closet
1-Bedroom · Bedroom with Closet
1-Bedroom · Walk-In Closet
Unit 10 · 2-Bedroom Entry
2-Bedroom · Living Room & Kitchen
2-Bedroom · Living Room & Kitchen
2-Bedroom · Living Room
2-Bedroom · Living Room
2-Bedroom · Kitchen
2-Bedroom · Kitchen
2-Bedroom · Kitchen
2-Bedroom · Kitchen
2-Bedroom · Bedroom with Closet
2-Bedroom · Bedroom with Closet
2-Bedroom · Bedroom with Closet
2-Bedroom · Bedroom
2-Bedroom · Bathroom
2-Bedroom · Bathroom
2-Bedroom · Closet