Taos, NM Property For Sale and Lease

This is an incredible opportunity for a custom business build! High visibility and convenient location so close to the town center is a very rare commodity. There is possibility of adjacent acreage to the West, or buy both! If you can envision it, you can build it here! Gourmet food shop, coffee house, professional building, endless possibilities!

Incredible opportunity in Town. Easy access to everything! Can be subdivided for commercial development, multi-family and more. Rare commercial site at great price!

Priceless location! Just 2 blocks off Historic Taos Plaza, this princiipally commercial property has been previously approved for hotel/condo development. Utilities and infrastructure ready. Includes small structure in rear of property currently multi-tenant rental. Dual access from Kit Carson and Las Cruces Roads. Convenient to everything! Luxury resort just a few blocks away.

+ 52± Acres

+ $2.00/SF ($4,530,240)

+ 3,062 feet for frontage along

Paseo del Canon

+ Development ready and able to

accommodate a variety of uses

+ Close to schools, retail and hospitality

+ Taos, NM is known for world class fine

art, recreation and culture

+ Zoned C-1 (Neighborhood

Commercial) & HCPD (Highway

Corridor Protection District)

A rare opportunity!! This subdivision has been approved by the Town of Taos and is ready to be developed. There are 49 lots at 1/4 acre each with an easement in place granted by Taos Pueblo. Restaurants, an organic grocer, coffee shops - including Gutiz, Guadalajara Grill, Taos Pizza Outback, Taos Cafe Upfront, Cid's Market - and more are all very conveniently located within walking distance. Beautiful mountain views and a swift housing market in Taos will bring this development to completion.

Back on the market with fresh inspection reports which could save your 1031 investor weeks in their identification period.

On behalf of the owners, Todd Clarke and NM Apartment Advisors are pleased to bring to market the Candelaria Apartments. The community is located at 2531 Candelaria NW and where Candelaria Boulevard meets the Rio Grande River and adjacent to the Rio Grande Nature Center. Embedded in the lush greenery of Albuquerque’s agricultural based north valley, this 17 unit property offers a quiet, relaxing neighborhood with easy access to shopping, dining, and some of ABQ's best hiking and biking.

The property is within walking distance to trailhead for Albuquerque’s hundreds of miles of nature trails along North America’s largest bosque forest which straddles either side of the Rio Grand River. Residents can explore the Rio Grande Nature Center State Park, or meet up with friends in historic charming Old Town. If you believe your resident’s dream morning consists of sipping tea / coffee while they listen to the geese and cranes honk as they pass over head along their migration patterns then this place is for you and them!

Many of the units offer spacious kitchens, updated appliances, modern conveniences, washer / dryer, hardwood floors, and private yard spaces. Property wide amenities include high speed internet/Wi-Fi and free off street parking.

The immediate neighborhood is full of single family housing with an average sales price of $486,056 and some recent sales as high as $770,000.

Do not miss out on this once in a generation opportunity to own a stunning asset in a market that is experiencing double digit rent growth related to all of the new Netflix, Intel, Facebook and Amazon jobs.

This portion of the North Valley area has a historically high barrier to entry for new construction and is underserved for rental product.

22 page flyer at http://www.nmapartment.com/apt/NMAA-Candelaria2531NW.pdf

Qualified investors can register for additional info by completing the online confidentially agreement at http://www.nmapartment.com/candelaria

Rents are on the rise in this property and so is the new price. With an average rent of $1,240 and an ask price of $3,366,866 the measure of investment performance for this property are a GRM of 13.31, cap rate before reserves of 5.00%, price per unit of $198,051, a price per sf of $233,81 and an after tax internal rate of return of 10.40%.

If rents are raised to market rate of $1,490, the measure of investment performance improve to a cap rate of 5.36% and a cash on cash of 10.22%

There is a 1.75% buyer brokerage fee on this. As our office has a policy against dual agency, if you are a sophisticated investor and this is not your first rodeo, you can represent yourself and take credit for the buyer’s brokerage fee.

Do not miss out on this opportunity to invest in one of America’s most sought-after markets and receive a rare positive cash flow.

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

This large 4.3 acre parcel borders the Taos Land Trust, and Fred Baca Park. Zoned R-2, A one of a kind development opportunity or expansive space for a Single Family with Water Rights and Town utilities. Town's conveniences are a walk away!

This 5 acre parcel is a perfect spot for health related service building or perhaps multi-unit apartments or condos, conveniently located across the street from Holy Cross Hospital. This lot is large enough to have shared use and build both commercial and residential. A feasibility study is available showing design and layout for three different possibilities. High visibility area offering great views of hte mountain and proximity to Town.

• Taos Plaza Location

• Ground floor is 6,633 SF built out as financial/ open floor plan

• Lobby, customer service, offices, RR’s and vault

• Second floor consists of 1,535 SF

• Offices, employee kitchen/lounge, conference room and RR’s

• Previous use: commercial retail and office

PROPERTY HIGHLIGHTS

138’ frontage on Paseo del Pueblo Sur

Centralized location in between Walmart, Albertson’s and Walgreens

Strong visibility - More than 20,000 cars per day

Full access

Ideal for QSR/Drive-thru

Fantastic Opportunity! Taos Food Hall boasts 3 of Taos' favorite restaurants in one fun space! Mondo Italiano for Pizza and Italian, Blue Deer Barbecue for traditional barbecue and baked goods, and las Terrazas Mexican restaurant for authentic Mexican cuisine. Lots of outdoor spaces for additional seating and ambiance! Tried and true financials for qualified and interested Buyers.

Contact Broker for additional information

Gutters, an iconic turn key bowling alley and fun business is for sale! A beautifully designed facility pleasing to the eye and highly

functional. Currently has a food, beer and wine license, with a full kitchen All of the Brunswick state of the art bowling equipment is

owned and will convey at closing. Kitchen and serving equipment and furnishings are included and an inventory list is available for

interested buyers. There is additional acreage which has not been developed, but would be prime for an arcade or expanded music

venue. An assumable small business loan helps to make the financing an easy ride. Great location, 3 year old facility and lots of opportunity to expand the business. Don't miss out on this rare opportunity in Taos. Total of 1.52 acres available.