919 Paseo Del Pueblo Sur, Taos, NM 87571

$1,450,000
Property Type: Residential Income Square Footage: 14,900 Lot Size (sq. ft.): 83,200 Status: Closed
Current Price: $1,450,000 List Date: 4/27/2021 Last Modified: 1/23/2024

Overview

Description

Formerly known as the SunGod Lodge, this unique property is in a high barrier to entry market. Redevelop as high end micro-housing - the back door approach to development indicates an upside of $2,969,251.

Listing Details MLS# 990624

Status Change Info

Pending Date
2021-08-09
Closing Date
2023-10-21

Contract Information

List Price/SqFt
97.32
Allowance/Concession
No

Location

Street #
919
Street Name
Paseo Del Pueblo Sur
County
Taos
City/Town Code
Taos
State/Province
NM
Zip Code
87571
Zip +4
5967
MLS Area Major
630 - Taos
Zone Atlas
NOZA

General Property Description

# of Units
56
5+ Units
Yes
Units for Sale
56
Property Sub-Type
Multi-Family
Living Area
14900
Lot Size Source
On-Line
Acres
1.91
Lot SqFt
83199.6
Directions
From ABQ - north on I-25 to Santa Fe, Highway 599 bypass towards Taos, on High US285/*4W - in Espanola stay on until turns to NM-68 into Taos - Walmart on left, property on right
Stories
2
Total Stories in Bldg
2
Total # of Buildings
5
Year Built
1980
Age
41 - 50
Disability Access
Unknown
LBP Disclosure
No
Builder
Unknown
Owner Occupant Unit
No
Multiple Lots
One
Flood Zone
X

Basement

Basement
No

Sales Info

Trade/Xch Considered
No

More Information

# of Unit Types (1)

# of Units
24
# Baths
Yes
Style
Studio
Approx. SqFt
180
Market Rent
900

# of Unit Types (2)

# of Units
12
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
310
Market Rent
120

# of Unit Types (3)

# of Units
20
# of Bedrooms
Yes
# Baths
Yes
Approx. SqFt
310
Actual Rent
1200
Max Rent
1200
Market Rent
1200

Unit Summary

Total Units
56
Average Unit Size
254.28
Average Actual Rent
428.57
Annualized
288000
Total Actual Rent
24000

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
15677

Tax & Legal Info

GRT Code
20-126
Tax Exemption
Unknown
Tax Annual Amount
10210.05

Construction Materials

Adobe
Yes
Frame
Yes
Stucco
Yes

Amenities

Some Landscaping
Yes

Cooling

None
Yes

Flooring

Carpet
Yes
Tile
Yes
Vinyl
Yes

Heating

None
Yes

Owner Pays

Other - See Remarks
Yes

Tenant Pays

Other - See Remarks
Yes

Build Description

Resale
Yes

Appliances included

None
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Electric Provider

Community
Yes

Electric

None
Yes

Finance Considered

Cash
Yes
Conventional
Yes

Rental Info

Other - See Remarks
Yes

Zoning

C-1
Yes

Property Features

Construction Materials: Adobe; Frame; Stucco Build Description: Resale Amenities: Some Landscaping Appliances included: None Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Heating: None Cooling: None Flooring: Carpet; Tile; Vinyl Electric Provider: Community Electric: None Owner Pays: Other - See Remarks Tenant Pays: Other - See Remarks Rental Info: Other - See Remarks Finance Considered: Cash; Conventional Zoning: C-1

Documents

Listing Office: NM Apartment Advisors, Inc.
Last Updated: January - 23 - 2024
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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