2382 Camino Capitan, Santa Fe, NM 87505 (MLS# 1081043)

Overview

Description

If you love Santa Fe and being close to 5 parks, grocery, shopping restaurants and the Rail Runner (commuter train), then his property well located at 2382 Camino Capitan. The property contains a total of 6 units in 3 buildings built in the 1979. Historically a high barrier to entry market for new construction, the areas is identified as being short some thoursand of rental housing units. The community has partnered to bring more multifamily units on line than the Albuquerque area, but its not enough to satiate the resident demand. This has translated to high rent growth and the new construction is establishing a new ceiling on market rents ranging from $2,505 to $6,446 per month (you read that correct - there are a half dozen communities that the high end of their rent.

Status Change Info

Pending Date: 2025-04-07
Closing Date: 2025-08-04

Contract Information

List Price/SqFt: 135.01
Allowance/Concession: No

Location

Street #: 2382
Street Name: Camino Capitan
County: Santa Fe
City/Town Code: Santa Fe
State/Province: NM
Zip Code: 87505
Zip +4: 6450
MLS Area Major: 300 - City of Santa Fe
Zone Atlas: NOZA

CityCounty Data

Subdivision Name: Vista Hermosa

General Property Description

# of Units: 6
5+ Units: Yes
Units for Sale: 6
Property Sub-Type: Multi-Family
Living Area: 6330
Lot Size Source: On-Line
Acres: 0.31
Lot SqFt: 13285.8
Directions: From I25 and Highway 285, north to Zia, west go Galisteo, south to Rodeo, west to Camino Capitan, north to the property
Stories: 2
Total Stories in Bldg: 2
Total # of Buildings: 3
Year Built: 1980
Age: Select One
Accessory Dwelling Unit: No
Disability Access: Unknown
LBP Disclosure: No
Builder: Unknown
Owner Occupant Unit: No
Multiple Lots: One
Flood Zone: X

Cooling

Centrally Ducted: No
Evaporative Cooling: Yes

More Information

Basement

Basement: No

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 732
Actual Rent: 955
Max Rent: 1648
Market Rent: 1800

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 824
Actual Rent: 1365
Max Rent: 1373
Market Rent: 1600

# of Unit Types (3)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 864
Actual Rent: 1600
Max Rent: 1373
Market Rent: 1600

# of Unit Types (4)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Approx. SqFt: 708
Actual Rent: 964
Max Rent: 1648
Market Rent: 1800

# of Unit Types (5)

# of Units: Yes
# Baths: Yes
Approx. SqFt: 416
Actual Rent: 965
Max Rent: 1282
Market Rent: 1282

# of Unit Types (6)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Approx. SqFt: 416
Actual Rent: 693
Max Rent: 1282
Market Rent: 1282

Unit Summary

Total Units: 6
Average Unit Size: 660
Average Actual Rent: 1090.33
Annualized: 78504
Total Actual Rent: 6542

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 016009613

Tax & Legal Info

GRT Code: 01-123
Tax Exemption: No
Tax Annual Amount: 4514.03

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Some Landscaping: Yes

Flooring

Tile: Yes

Heating

Wood Stove: Yes

Owner Pays

Other - See Remarks: Yes

Tenant Pays

Other - See Remarks: Yes

Income & Expenses

Annual Gross Income: 85502
Operating Expenses: 34225

Build Description

Resale: Yes

Appliances included

Refrigerator: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Miscellaneous Info

No Sign: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Other - See Remarks: Yes

Roof

Flat: Yes

Finance Considered

Cash: Yes
Conventional: Yes

Rental Info

Other - See Remarks: Yes

Source

Actual Record: Yes
Owner Provided: Yes

Zoning

R-2: Yes

Property Features

Construction Materials: Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Wood Stove Cooling: Evaporative Cooling Flooring: Tile Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Other - See Remarks Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Roof: Flat Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Source: Actual Record; Owner Provided Zoning: R-2