933 Louisiana

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30479196
Property Subtypes: Low-Rise/Garden, Other
Status: Pending
Number of Units: 3 Units
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Sale Price: $210,500
Unit Price: $70,166.67 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 6/11/2020

Overview / Comments

Back on the market.Owner says sell them individually or buy them all or any combination! Well maintained, all brick, pitched roof triplex. Buy one, or buy combination of 937, 941 & 945 Louisiana SE. Large two bedroom, one bath units with hard wood floors (some covered with carpet).central heating and evaporative cooling,brick fire places in the two end units,tenant storage lockers and four covered parking spaces. At current improvable rents 11% Cash on Cash Return, GRM of 9.7 and CAP rate of 7.6% (Owner supplied data).Offer subject to inspection/walk through. Please do not walk property or disturb tenants.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: 101805651415742404
Zoning: R-MH - Residential: Multi-family High Density
Total Number of Buildings: 4
Property Condition: Good
Number of Stories: 1
Year Built: 1958
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Covered, four spaces per building
Total Parking Spaces: 16
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Evaporative Cooler
Internet Access: Cable, DSL
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Legal Description: 017 016ELDER HOMESTEAD N20 FT L16 & S40 FT L17,015 016ELDER HOMESTEAD N30 FT L15 & S30 FT L16, LT 14A BLK 16 ELDER HOMESTEAD ADDN BEING A REPL OF LTS 13, 1 4, & THE SOUTH 20 FT OF LT 15 CONT 0.1701 AC M/L,LT 13A BLK 16 ELDER HOMESTEAD ADDN BEING A REPL OF LTS 13, 1 4, & THE SOUTH 20 FT OF LT 15 CONT 0.1767 AC M/L

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,285 114,564 255,021
Median Age: 33.12 35.62 37.3
Households: 9,287 49,878 111,841

Contact

Photograph of Listing Agent

Bill Reed

ABQ Properties CARNM CIE Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS┬« - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.