310 Johnson St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
310 Johnson St
3,802 SF 100% Leased Retail Building Santa Fe, NM 87501 $2,879,594 CAD ($757 CAD/SF) 9.66% Cap Rate
Investment Highlights
- Short-term rental property in the heart of Santa Fe
- Recently renovated, modern, luxury 3-suite property
Executive Summary
Exquisitely renovated 3 unit short- term rental property w/ BCD zoning in the heart of downtown Santa Fe. This hospitality property was recently completely renovated from top to bottom by the renowned architect, Evan Geisler, who designed the prominent hospitality project, Los Poblanos. The structure was built in 1959 and emanates a Luxury NY Loft appeal with incredibly tall ceilings, exposed block walls, finished concrete floors and lux finishes. The 3 large (condo type) units have keypad entry from a large hall entry. The units boast custom walnut cabinetry, handmade doors, quartz countertops, 2 Sub Zero fridges and chef appliances. The kitchens and baths are darling w/ lux bathroom finishes, lighted mirrors, large showers. The largest unit C has 2 beds/ 3 bath with laundry, can sleep 6-8 with pull out sofas. Unit B is 2 bed/2bath with laundry & can sleep 6. Unit A is a handicap accessible unit and is 2 beds/2 bath with laundry can sleep 6. Sold at a proforma 9% cap.
Data Room Click Here to Access
Financial Summary (Pro forma - 2023) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$326,272
|
$85.82
|
Financial Summary (Pro forma - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $326,272 |
| Annual Per SF | $85.82 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,802 SF
Building Class
B
Year Built
1959
Price
$2,879,594 CAD
Price Per SF
$757 CAD
Cap Rate
9.66%
NOI
$278,127 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.62
Land Acres
0.14 AC
Zoning
BCD
Parking
5 Spaces (1.32 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (85)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 018500916 | Improvements Assessment | $707,124 CAD |
| Land Assessment | $417,344 CAD | Total Assessment | $1,124,467 CAD |
PROPERTY TAXES
Parcel Number
018500916
Land Assessment
$417,344 CAD
Improvements Assessment
$707,124 CAD
Total Assessment
$1,124,467 CAD
-
Leslie Giorgetti -
Keller Williams Realty
1 of 80
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
310 Johnson St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.