Est. mensual: $3,893 Recalcular
Acerca de esta propiedad
ApartamentoNúmero de MLS: #202401578
Real Estate Advisors is pleased to present a value-add, multifamily investment opportunity in Albuquerque, NM. The property consists of 21-Units in four buildings, on-site laundry, and an additional 1/3-acre vacant lot.Unit mix includes Four (4), 2-Bed I 1-Bath, Nine (9) 1-Bed I 1-Bath and Eight (8) Studio apartments. Each unit has a backyard with personal storage room. All leases are Month-to-Month, providing flexibility for potential adjustments.
Three of the four buildings are individually metered for electric with water and gas on master. The four units in building 501 are individually metered for Electric and Gas, water is on master. All utilities are included in the rent. A new owner could require new tenants to pay their own utilities.
Recent Capital Improvements include complete roof replacement on all buildings, new laundry room, tile throughout, new water heaters (as they become due) and a complete remodel of all units in building 505.
6 units in building 503 are currently non-operational due to a fire. The seller has taken appropriate steps to stay in compliance with the city through asbestos remediation in two of the units. The seller has also taken the time to get stamped Structural, Mechanical and Electrical plans. This will help streamline the remodeling process facilitating a swift
restoration and increased revenue potential.
Average sales price per unit in the immediate trade area is $100,00/unit. This property is being offered at almost half the price, $52,000/unit!
This property offers an excellent opportunity for investors to capitalize on its value-add potential in the thriving Albuquerque rental market. Contact Real Estate Advisors to learn about this investment opportunity.
Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
---|---|
Estilo arquitectónico: | Otro |
Sistema de refrigeración: | Por evaporación |
Combustible de calefacción: | Gas natural |
Sistema de calefacción: | Aire Forzado |
Área del lote: | 1.14 Acres |
Tipo de tejado: | Desconocido |
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Escuela primaria
WHERRY ELEMENTARY SCHOOL
0.8
MillasVer detalle
Escuela secundaria (ciclo básico)
VAN BUREN MIDDLE SCHOOL
0.5
MillasVer detalle
Escuela secundaria (ciclo superior)
HIGHLAND HIGH SCHOOL
1.9
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Emerson Elementary School | 0.7 mi | Public | PK-5 | D- |
Sandia Base Elementary School | 0.7 mi | Public | KG-5 | C- |
La Mesa Elementary School | 0.8 mi | Public | PK-5 | D+ |
Holy Ghost Catholic School | 1.1 mi | Private | PK-8 | |
Wilson Middle School | 1.2 mi | Public | 6-8 | C- |
Hawthorne Elementary School | 1.3 mi | Public | PK-5 | C- |
Hayes Dual Language Magnet Middle School | 1.5 mi | Public | 6-8 | D+ |
Cesar Chavez Community School | 1.5 mi | Public | 9-12 | F |
Salam School | 1.5 mi | Private | PK-11 | |
Alice King Community School | 1.6 mi | Public | KG-8 | B- |
Salam Academy | 1.6 mi | Private | PK-11 | |
Whittier Elementary School | 1.6 mi | Public | PK-5 | C- |
Nmsbvi Albuquerque Campus | 1.7 mi | Public | PK-KG | |
Highland Autism Center | 1.8 mi | Public | PK-12 | |
Mark Twain Elementary School | 1.9 mi | Public | PK-5 | C- |
Grant Middle School | 1.9 mi | Public | 6-8 | C |
Technology Leadership High School | 2.0 mi | Public | 9-12 | D- |