2382 Camino Capitan, Santa Fe, NM 87505

If you love Santa Fe and being close to 5 parks, grocery, shopping restaurants and the Rail Runner (commuter train), then his property well located at 2382 Camino Capitan.The property contains a total of 6 units in 3 buildings built in the 1979.Historically a high barrier to entry market for new construction, the areas is identified as being short some thoursand of rental housing units. The community has partnered to bring more multifamily units on line than the Albuquerque area, but its not enough to satiate the resident demand. This has translated to high rent growth and the new construction is establishing a new ceiling on market rents ranging from $2,505 to $6,446 per month (you read that correct - there are a half dozen communities that the high end of their rent.