Swc Hedingham Ave. & Broadmoor Blvd., Rio Rancho, NM 87144

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Building Details:

Swc Hedingham Ave. & Broadmoor Blvd. is located in Rio Rancho, NM.

Turn Key Development 244 Apartment Unit
SALE PRICE: $21,300,000
LOT SIZE: 12.09 Acres
ZONING: R-6
BENEFITS:
• 1.5 Miles to Rio Rancho City Center
• Project will be delivered “Turn-Key”
• Ability to build in multiple phases
• Land only acquisition possible
• 1.5% Commission to selling broker
MARKET STUDY DETAILS:
• Rio Rancho underserved by 4,600 units
• Market average rents of $1.06 / SF
• $1,481,794 projected NOI
• Market study value: $22,667,620