El Pueblito Apartments-Portfolio Sale

Multi-Family for Sale
Catylist Listing ID: 30151491
Property Subtypes: Duplex/Fourplex
Number of Units: 8 Units
Building Size (RSF): 5,940 SF
Gross Building Area: See Agent
Sale Price: $325,000
Unit Price: $40,625 Per Unit
Property Use Type: Investment
Building Name: El Pueblito Apartments
Sale Terms: Cash to Seller
Average Occupancy Rate: 90
Last Updated: 9/22/2017

Overview / Comments

Presenting El Pueblito Apartments. Two side by side four plex units (2790 SF each). 1-year-old TPO roof. Window air conditioning units, new H20 heaters, tenant pays electric & gas. New paved parking & fencing. Two bedroom units with full baths, walk in closets. Units come with refrigerators and range/oven.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $2,446 (Annual)
Tax Value Land $29,596
Tax Value Improvements $56,660
Assessed Value - Total($) $28,749 (Annual)
Potential Rental Income $55,200 (Annual)
Net Operating Income $31,265 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Taxing Authority: Bernalillo
Tax ID/APN: ABQ162125
Zoning: R-2 - Residential Zone
Percent Occupied: 90%
Property Located Between: Pennsylvania and Zuni area
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Year Built: 1977
Roof Type: Flat
Construction/Siding: Stucco
Parking Type: Surface
Parking Description: Parking lot repaved in 2016
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Evaporative Cooler, Window Unit
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 28,420 134,015 265,303
Median Age: 30.49 37.43 37.35
Households: 10,446 58,837 117,296

Contact

Photograph of Listing Agent

Tim Lopez

Keller Williams Commercial Realty
CARNM CIE Member
Photograph of Listing Agent

Laurette Partain

Keller Williams Realty
CARNM CIE Member
Photograph of Listing Agent

Steven Vigil

Keller Williams Realty
CARNM CIE Member
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