300 E Marcy 6 Unit Complex on market for $1,539,000 SOLD in less than 60 Days!
Are you still interested in Santa Fe REO bank owned multi-unit complex as investment property or investment property in general. Well, you are now too late for this one at 300 E Marcy in Santa Fe NM 87501 MLS 201200436. Several investors made offers to our seller, however in the end the most savvy buyer represented by another agent recognized the value and made the best offer. The prime location near the Santa Fe Historic Plaza in our city’s Business and Commercial District (BCD) was key. Plus each of the 5 residential units were uniquely and extensively remodeled for short term vacation or long term residential use. Each residential unit had a 1 car garage. The 6th unit was commercial and zoned for retail or office with ramp access and a handicap bathroom. All units had hardwood floors and tile and five had a wood burning kiva or traditional fireplace.
The property was REO bank owned making it a unique investment opportunity given location and renovations. This property also had valuable short term rental potential for investors seeking to tap into our destination vacation rental market. The offering price was $1,539,000 and the property is now SOLD.
If you are investor searching for a multi-unit investment complex in Santa Fe then save yourself time and money and contact us for a brief consultation and update on our current market activity and trends. And if your are tired of renting a condo when you visit, why not consider buying one or organizing a group of investors and to purchase a two or four multi-unit complex?
If you do are tired of being “too late” or missing Santa Fe investment opportunities, just contact Emily Medvec 505-660-4541 or Ulla Allyn 505-470-2381 to schedule a consultation. We help investors purchase investment properties and sellers sell them. It is that simple.