Catylist ID: #30322709
10-Unit Multifamily Property For Sale
Multi-Family for Sale
|Catylist Listing ID:||30322709|
|Number of Units:||10 Units|
|Building Size (RSF):||3,000 SF|
|Gross Building Area:||See Agent|
|Gross Land Area:||0.16 Acres|
|Unit Price:||$49,500 Per Unit|
|Property Use Type:||Investment|
Overview / Comments
Average Size: ±265 SF
Type of units: 8 - Studios
2 - One bedroom/One bath
Land: ±0.163 Acres
On behalf of the owner, NAI Maestas and Ward is please to present this opportunity to a well maintained and partially remodeled 10-unit apartment complex in the university area of Albuquerque.
The property boasts many recent updates including a new roof, cooling units and tile throughout. Each 1-bedroom unit is ±325 SF and each studio is ±250 SF.
The property has not been available for sale in over 25 years, making this a once in a life-time opportunity to own a quality investment property in a stable, vibrant and historical area of town.
The property is situated 3 blocks from the University of New Mexico, and walking distance to many restaurants, parks and retail stores. The area has historically low vacancy, and the property’s updates and quiet setting provide tenants with a pleasant rental experience. Unique to the property is the ability to park 12 cars on site.
Attachments & Media
|Zoning:||R-ML - Residential: Multi-family Low Density|
|Proximity:||1 mile||3 miles||5 miles|
Steve O KraemerNAI Maestas & Ward CARNM CIE Member
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