3938 & 3920 Buffalo Grass Road

Santa Fe, NM
$ 1,500,000 Beds 0 Baths 0 Sq 13,000
Monthly Estimate* How much can I afford?

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.

Multi-Family

  • Price
  • $ 1,500,000
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 13,000
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Santa Fe
  • County
  • SANTA FE
  • Style
  • Multi-Level
  • Area
  • Airport Road Area
  • MLS#
  • 201903719
  • Zip
  • 87508
Listing Provided by: Suzanne Taylor with Taylor Properties.

Features

General

Ada Compliant No
Bank Owned No
Class MULTIFAMILY
Cooling Other- See Remarks
Heating Gas, Other - See Remarks
Listing Area 13-Airport Road Area
Possession Upon Funding
Price Per Sq Ft 115.38
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
Roof Flat, Metal - Propanel, Other - See Remarks
Short Sale No
Showing Instructions 24 Hour Notice, Agent Present
Status Active
Status Active
Style Multi-Level
Terms Cash, Conventional, Exchange
Type Apartment Complex
Utilities Separate Meter
Water City, Well
Zoning Other - See Remark

Interior Features

# of Units 13
Interior Steps Yes
Unit1 # Of Baths 10
Unit1 # Of Bedrooms 13

Exterior Features

Sewage City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the White Rock, NM office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/12/2019 Listed $1,500,000

Property vs Zip Code Average in 87508

Price
AVG $1.5M
$1.5M
Visits
AVG 92
91
Walkscore
AVG 52
52
Data Provided by Walkscore ® not using MLS data

Map

3938 & 3920 Buffalo Grass Road Santa Fe, NM is a Single Family Home for sale at $1500000 with 13000 sqft and a lot size of Acre(s). 3938 & 3920 Buffalo Grass Road Santa Fe has 0 bedrooms, 0 baths . The property's zip code is 87508 which is in Santa Fe, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.