UNM-Area Townhome Duplex | Great Student Rental Property

Multi-Family for Sale
Catylist Listing ID: 30393462
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 3,340 SF
Gross Building Area: See Agent
Gross Land Area: 0.14 Acres
Sale Price: $549,000
Unit Price: $274,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 3/30/2020

Overview / Comments

Each townhouse is +/- 1,670 sf with 4 bedrooms & 3 baths
All refrigerated air
Washer & dryer in each unit
Security alarm in each unit
Security doors
Each unit has one-car garage
One block from UNM campus along Martin Luther King Jr. Blvd.
Existing rents of $1.25 SF below market
New roof with warranty
New stucco with warranty
Walkscore: 68 walk/51 transit/82 bike

Attachments & Media


Finance Data Year 2019
Net Operating Income $32,020 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: 101505733141512501
Zoning: R-T - Residential: Townhouse
Laundry: In Each Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,546 118,684 289,864
Median Age: 29.68 35.59 36.23
Households: 8,412 52,889 122,119


Photograph of Listing Agent

James A Wible, CCIM

NAI Maestas & Ward CARNM CIE Member
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