Juniper Park Apartments, 1308 Rufina Ln., Santa Fe, NM – SOLD
Basics
- Date added: Added 7 years ago
- Category: Commercial
- Type: Commercial
- Status: sold
- Area: 26948 sq ft
- Lot size: 1.40 sq ft
Description
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Description:
Juniper Park Apartments is located in Santa Fe’s designated midtown arts district, near Meow Wolf, new breweries, Cacao: The Art of Culture & Chocolate, and coffeehouses — the new hip and happeningarea of town. Rents are on the rise in the neighborhood, making it a great investment opportunity. The apartments feature 28 units: 16 two-bedroom, one-bath, 883-square-foot units and 12 one-bedroom, one-bath, 719-square-foot units. Rents are being increased now to $850.00 per month for the units with two bedrooms and $750.00 for those with one. All apartments feature wood-burning fireplaces, and balconies or fenced yards, with added amenities of separate outdoor storage units and on-site laundry facilities. The property has 26,948 square feet of heated space and is sited on 1.406 acres. At the asking price of $92 per square foot, this is a great investment. Income and expenses are on file, and the new increased rent program is in place.