Elder Homestead 16

Multi-Family for Sale
Catylist Listing ID: 30347756
Property Subtypes: Low-Rise/Garden
Number of Units: 16 Units
Building Size (RSF): 10,040 SF
Gross Land Area: 0.36 Acres
Sale Price: $539,000
Unit Price: $33,687.50 Per Unit
Property Use Type: Investment
Building Name: Elder Homestead Apts
Usable Size (USF): 10,040 SF
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Average Occupancy Rate: 95
Last Updated: 9/16/2019

Overview / Comments

Two buildings/eight units each. 1 Br/1 Ba Unit mix.
LL pays gas/electric/water. Month to month. Evaporative cooling/Forced air heat.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Taxing Authority: Bernalillo
Tax ID/APN: 101805607526232212/101805608926232211
Zoning: R-MH - Residential: Multi-family High Density
Percent Occupied: 95%
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Evaporative Cooler
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Two buildings/Two legal addresses: 1)* 020 003VIRGINIA PL ADDN 2)* 001 003VIRGINIA PLACE ADD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,591 104,650 269,969
Median Age: 38.06 35.35 37.01
Households: 8,973 46,887 118,085


Photograph of Listing Agent

Tim Lopez

KW Commercial CARNM CIE Member
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