3938 & 3920 Buffalo Grass Road

    Santa Fe, NM 87508
    • $1,500,000
    • STATUS: Active
    • ON SITE: 188 days
    • MLS #: 201903719
    UPDATED: 39 min ago
    $1,500,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,000
      SQFT
    • $115
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Development Opportunity for Apartments with current income from existing live work studios in place of $75,000.000 annually. The property is zoned in the City Commercial Mixed-Use, which allows for an additional 36 to 42 units to be developed with current entitlements. On site are City utilities, water, sewer, plus electric, natural gas and a private well. Now is the time to confer with the Sellers land use planner. The Seller is an experienced developer and will owner carry, cash, trade or participate in the sale and development process.

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    © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Desmond Hamilton Group are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-02-17T13:51:47.22.
    www.homesinsantafenm.com/homes/97865741

    3938 & 3920 Buffalo Grass Road Santa Fe, NM 87508

    • Price: $1,500,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 201903719
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    13,000
    SQFT
    $115
    $/SQFT
    Neighborhood:
    13-Airport Road Area
    County:
    Santa Fe
    Area:
    13-Airport Road Area
    Property Description
    Development Opportunity for Apartments with current income from existing live work studios in place of $75,000.000 annually. The property is zoned in the City Commercial Mixed-Use, which allows for an additional 36 to 42 units to be developed with current entitlements. On site are City utilities, water, sewer, plus electric, natural gas and a private well. Now is the time to confer with the Sellers land use planner. The Seller is an experienced developer and will owner carry, cash, trade or participate in the sale and development process.
    Exterior Features

    Roof FlatMetal - PropanelOther - See Remarks Style Multi-Level

    Interior Features

    Cooling Other- See Remarks Heat Distribution Other - See Remarks Heating GasOther - See Remarks Interior Steps Yes Unit1 Baths 10 Unit1 Beds 13

    Property Features

    Ada Compliant No Approximate Age 31+ Years Bank Owned No Multifamily Type Apartment Complex Num Units1 Bed1 Ba 0 Num Units1 Bed2 Ba 0 Num Units2 Bed1 Ba 0 Num Units2 Bed2 Ba 0 Owner Finance Yes Possession Upon Funding Sewage City Short Sale No Terms CashConventionalExchange Trade Yes Utilities Separate Meter Vow Address Display Yes Water CityWell Zoning Other - See Remark

    Listing provided courtesy of Suzanne Taylor of Taylor Properties. © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


    © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Desmond Hamilton Group are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-02-17T13:51:47.22.
     
    The Desmond Hamilton Group
    326 Grant Ave
    Santa Fe NM, 87501