7424 Dulce Road

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7424 Dulce Road

Carlsbad, NM 88220
Asking Price
$750K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase at 7424 Dulce Road
  • Asset is priced at 750000 dollars for the full property
  • Residential investment property located in Carlsbad New Mexico
  • Site occupies a one-acre lot that is fully fenced
  • Opportunity to acquire an income-producing multifamily residential building

What's Special

Carlsbad serves as a prominent hub in southeastern New Mexico, benefiting from consistent demand tied to regional energy sectors and a growing local population. The multifamily apartment building at 7424 Dulce Road presents a tangible investment opportunity within this active market. Situated on a fully fenced one-acre parcel, the site provides a defined footprint for residential operations. The property is positioned to capture demand from the area's professional workforce seeking stable rental housing in a established community setting. With its combination of acreage and existing residential infrastructure, this asset functions as an entry-level investment for buyers seeking to capitalize on the ongoing need for multifamily units in Eddy County. The scale of the property allows for efficient management while providing the utility of a secure, fenced site suitable for long-term rental activities.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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