509 Kiva

1 of 20
  • Price: $4,160,000
  • MLS: 202104877
  • Status: Pending Please Show
  • Type: Apartment Complex
  • Acres: 2
  • Area: 51-Eastern Area
  • Total Sqft: 17,120

Presenting Broker

Shane Cronenweth

Shane Cronenweth
(505) 577-2000
Email Me

    Property Description

    The property is comprised of four buildings (509, 535, 561, 587) that total 32-1 bedroom, 1 bathroom units. The investment benefits from several key factors include housing shortage, high average household income, an almost 0% market vacancy. The property was built in 1950 and has been meticulously maintained by current ownership. Each unit contains 535 square feet of living space. Kitchens include refrigerator, oven, sink, and microwave. Main living areas have carpet, large windows for natural light, and privacy blinds. The buildings have on-site laundry facilities. The heat and hot water are controlled by a central boiler system. Bathrooms contain a tub shower combo. Capital expenditures include new double pane windows. Close to downtown Los Alamos, and Los Alamos National Laboratory, the areas largest employer with approximately ~13,000 employees.

    View Map
    Click to View Map

    Neighborhood Info

    Los Alamos

    Los Alamos (The cottonwoods in Spanish) is a town built upon four mesas of the Pajarito Plateau and the adjoining White Rock Canyon. The townsite or "the hill" is one part of town while White Rock is also part of the town. Home to the Los Alamos National Laboratory, Los Alamos was founded to undertake the Manhattan Project. Top-ranked among New Mexico public schools, Los Alamos High School's

    Additional Information

    • Type Apartment Complex
    • Style Multi-Level
    • Days On Market 875
    • SewageCity

    Listing Brokerage

    IDX listing

    Rebecca Jones

    EXIT Realty Advantage NM

    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 Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.