$1,200,000
3301 San Rafael Ave SE, Albuquerque, NM 87106
Current Rent **
$10,000
Projected Rent **
$10,000
Estimated Rent †
Estimated Rent Confidence ‡
Low
Villa de San Rafael in NM
With the right management, this incredible and unique property could really take off and produce amazing results. With the stained glass roof and windows, there is no other property like this in the region. In our first year of business as a short-term rental, wedding venue, and film location, the villa grossed 134K in 2022. We have rented the villa to both Warner Bros and Netflix. Its name recognition is growing in the region. I am selling it because I do not have the time or funds to take it to the next level of increased marketing, all inclusive stays, and local and national networking to bring in more film studios. We have the LLC registered in New Mexico and have the appropriate state and local business licenses and short term permits in place. Visit our website and villadesanrafael.com to see more. You can see more photographs on AirBnB: https://www.airbnb.com/rooms/597661326052773902?gclid=CjwKCAjwg-GjBhBnEiwAMUvNW2YCDtJDVx2v4Jyz7prhJsrEqWiS1o0-r_jTxoVbH2irc6YIuETm4xoC2fkQAvD_BwE&source_impression_id=p3_1685641635_dAZZIKyx3yJ3YVIP
Location:
3301 San Rafael Ave SE, Albuquerque, NM 87106
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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
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