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$553,214
8 Beds
- 4 Baths
2,940sqft
12509 Manitoba Dr Ne, Albuquerque, NM 87112
$553,214
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Quadruplex
Built in 1979
$-- HOA
6,882 sqft lot
$188/sq.ft
Description
The property is located close to foothills trails, Sandia Pueblo, The Elena Gallegos open space preserve, the second longest aerial Tramway in the world as well as, KAFB/Sandia National Laboratories and great local shopping & restaurants. Each apartment contains two bedrooms and one bathroom and separately metered for gas and electric. There is one on-site laundry room, downstairs just off the large parking lot that accommodates plenty of off street parking. Measures of investment performance at ask price of $552,214 and average rents of $1,088 are a GRM of 10.60, a 5.36% cap rate, $138,804 per unit, $188.17/sf.If rents are raised to market rate of $1,395, the measure ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1979
HOA Fees
-
Finished Area
2,940 sqft
Lot Size
6,882 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1095868
MLS Status
Active
Days on Market
1
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