1144 Calle Amanda is amulti-family property for lease in Santa Fe, NM.
This is an immaculately maintained four-plex investment opportunity showing exceptional pride of ownership. True 6% cap rate on 2014 NOI of $27,400. Other 4 plexes may claim a higher cap rate but need major repairs/replacement. This offering will not need major capital repairs for years due to recently replaced roof, stucco and windows. Each unit features washer/dryer, beamed ceilings in the the central living area and tile and carpet throughout as well as skylights and double pane glass, radiant heating, private entries, and patios. The units have been owner managed and maintained with complete maintenance records are available. The property is fully fenced and each unit has a lockable, water-tight storage shed inside the fenced area. Las Acequias Park and other city amenities are close by. Demand for rentals is high and the housing supply is short - its a great time to invest as the current vacancy rate in Santa Fe is estimated at just 3% by CBRE.