High-Yield Investment Property For Sale - 7920 Mountain Rd NE

Office for Sale
Catylist Listing ID: 30371987
Property Subtypes: Office Building
Building Size (RSF): 5,300 SF
Gross Building Area: See Agent
Sale Price: $385,000
Unit Price: $72.64 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: 9.4%
Last Updated: 7/29/2019

Overview / Comments

• Stable tenancy
• Uptown location
• Multi-tenant office
• Easy accessibility to nearby amenities
• East Mountain views
• 4:1,000 SF parking ratio
• 9.40% CAP rate on actuals

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: 101905832012340809
Property Visibility: Good
Site Description: East Mountain views
Area Description: Short Distance from Uptown Amenities
Total Number of Buildings: 1
Number of Stories: 2
Construction/Siding: Stucco

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,026 170,852 294,711
Median Age: 37.16 37.88 38.11
Households: 8,407 75,418 130,989

Contact

Photograph of Listing Agent

Steve O Kraemer

NAI Maestas & Ward CARNM CIE Member
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