708 N Fifth Street
Carlsbad, NM 88220
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Bed
2
Bath
9,088Sqft
18,000Sqft(Lot)
Offered for sale is a well maintained 12 unit apartment complex running at a 7.4% CAP rate and is 100% occupied. This 2-story complex offers a newly installed laundry room, eleven 2 bed, 1 bath units and one 1 bed, 1 bath unit all fully furnished. Two-bedroom units are approximately 750 sqf, AC units installed in each apt in 2018, city water, sewer and electric. Located near the Carlsbad High School and PR Leyva Jr High. Dont miss this great investment opportunity located north Carlsbad and in a rapidly growing oil and gas community in the Permian Basin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2 -
Flooring Information
Laminate, Vinyl -
Interior Features
Ceiling Fan(s), Walk-In Closet(s) Appliances: Dishwasher, Dryer, Free-Standing Range, Refrigerator, Washer, Electric Water Heater Window Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air
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Building Information
Building Area Total: 9088 Construction Materials: Frame, Stucco Private Pool: No
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Lot Information
Lot Dimensions: 100' x 180' Main Square Feet: 18000 Square Feet Lot Size Acres: 0.4132 Lot Size Square Feet: 18000
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Listing Price Information
Listing Price: $1400000 Cash, Conventional
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Tax Information
Parcel Number: 4156127087013, 4156127082103 & 084022 Tax Year: 2025 Annual Tax: $2466.08 Tax Legal Desc: Lot 1, 2 and 3 (less S 2') Block 1 Creekmur
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Parking Information
Parking Total: 22
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Utility Information
Cable Available, Electricity Connected, Sewer Connected -
Location Information
WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7424 Dulce Road, Carlsbad, NM, 88220 | $750,000 | -- | -- | 2,336 | 2,336 SqFt |
| 1403 A W Fox Street, Carlsbad, NM, 88220 | $300,000 | 5 | 2 | -- | |
| 107 S Eighth Street, Carlsbad, NM, 88220 | $189,000 | -- | -- | -- |
Similar Multifamily To 708 N Fifth Street
Nearby For Sale
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ByOwner last updated this listing 06/24/2026 @ 11:30
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