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Multifamily

Cielo Vista

601 W Orchard Ln, Carlsbad, NM 88220

Listing Price: $5,500,000

Cap Rate
8.92%
Number of Units
51
GRM
6.06
Occupancy
82.0%
Price/Unit
$107,843
Price/Gross SF
$105.57
Gross SF
52,100

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of Cielo Vista, a 51-unit apartment community in Carlsbad, NM.

Investment Highlights

  • Implement Interior Unit Upgrade Program
  • Initiate Property Wide Cable and Internet Service
  • Introduce Furnished Laundry Appliance Fee

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Multifamily

Cielo Vista

Listing Price: $5,500,000

Cap Rate
8.92%
Number of Units
51
GRM
6.06
Occupancy
82.0%
Price/Unit
$107,843
Price/Gross SF
$105.57
Gross SF
52,100

Investment Highlights

  • Implement Interior Unit Upgrade Program
  • Initiate Property Wide Cable and Internet Service
  • Introduce Furnished Laundry Appliance Fee

Investment Overview

Marcus & Millichap is pleased to announce the exclusive listing of Cielo Vista, a 51-unit apartment community in Carlsbad, NM.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

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