416 hwy 66, Milan, NM 87021

$1,000,000
Property Type: Residential Income Square Footage: 22,000 Status: Active
Current Price: $1,000,000 List Date: 6/16/2026 Last Modified: 6/23/2026

Overview

Description

17 units plus including a house on this lot! with room to expand on current property.

Listing Details MLS# 1105609

Contract Information

List Price/SqFt
45.45

Location

Street #
416
Street Name
hwy 66
County
Cibola
City/Town Code
Milan
State/Province
NM
Zip Code
87021
MLS Area Major
390 – Cibola
Zone Atlas
NOZA

General Property Description

# of Units
17
5+ Units
Yes
Property Sub-Type
Multi-Family
Living Area
22000
SqFt Source
Professional
Lot Size Source
On-Line
Directions
follow map directions
Stories
2
Total Stories in Bldg
2
Total # of Buildings
2
Year Built Exception
Unknown
Age
Select One
Accessory Dwelling Unit
No
Disability Access
Unknown
LBP Disclosure
No
Builder
unk
Owner Occupant Unit
Yes
Multiple Lots
Three
Flood Zone
No Flood Map
Acres
0
Lot SqFt
0

Cooling

Centrally Ducted
Yes

Sales Info

Trade/Xch Considered
No

# of Unit Types (1)

# of Units
17
Actual Rent
900
Max Rent
900
Market Rent
950
# Baths
0

More Information

Unit Summary

Total Units
17
Average Actual Rent
900
Annualized
183600
Total Actual Rent
15300
Average Unit Size
0

Currently Not Used

Bank Owned
No

City/County Data

UPC Code
NotAvailable

Tax & Legal Info

GRT Code
33-131
Tax Exemption
Unknown
Tax Annual Amount
5600

Construction Materials

Other
Yes

Amenities

Balconies/Deck
Yes

Flooring

Tile
Yes
See Remarks
Yes

Heating

None
Yes

Owner Pays

Other – See Remarks
Yes

Showing Requirements

Call Listing Agent
Yes

Tenant Pays

Other – See Remarks
Yes

Build Description

Resale
Yes

Appliances included

None
Yes

Utilities

None
Yes

Green Energy Generation

None
Yes

Electric Provider

Public Utility
Yes

Operating Expenses

Other – See Remarks
Yes

Parking

1 Space Per Unit
Yes

Finance Considered

Cash
Yes
Conventional
Yes
Owner Financing
Yes

Rental Info

Other – See Remarks
Yes

Zoning

Y11
Yes

Property Features

Construction Materials: Other Build Description: Resale Amenities: Balconies/Deck Appliances included: None Utilities: None Heating: None Flooring: Tile; See Remarks Green Energy Generation: None Electric Provider: Public Utility Operating Expenses: Other – See Remarks Owner Pays: Other – See Remarks Tenant Pays: Other – See Remarks Parking: 1 Space Per Unit Rental Info: Other – See Remarks Finance Considered: Cash; Conventional; Owner Financing Showing Requirements: Call Listing Agent Zoning: Y11
Listing Office: Simply Real Estate
Last Updated: June – 23 – 2026
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