Value-Add Fourplex Available

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30679929
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 4 Units
Building Size (RSF): 2,340 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $160,000
Unit Price: $40,000 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: 8.27%
Last Updated: 1/16/2021

Overview / Comments

Sale Price

CAP Rate: 8.27% (Pro Forma)

Units: 4
Average Size: ±500 SF
Type of Units: 1-bed/1-bath
$/Door: $40,000
Building Size: ±2,340 SF
Land: ±6,490 SF (±0.15 Acres)

Property Overview
Value-add Southeast fourplex for sale. Three units occupied with one unit needing work including new appliances, paint, and storage room updating. Existing rents are below market leaving plenty of room for improvement. Washer/dryer hookups in each unit.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: 101905608749322107

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,572 123,757 276,287
Median Age: 32.08 37.06 37.33
Households: 12,181 54,965 121,559


Photograph of Listing Agent

Steve O Kraemer

NAI Maestas & Ward CARNM CIE Member
Photograph of Listing Agent

Isaac Romero

NAI Maestas & Ward CARNM CIE Member
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