Side-by-Side Triplexes

Multi-Family for Sale
Catylist Listing ID: 30737518
Property Subtypes: Duplex/Fourplex, Low-Rise/Garden
Number of Units: 6 Units
Building Size (RSF): 3,150 SF
Gross Building Area: See Agent
Gross Land Area: 0.29 Acres
Sale Price: $435,000
Unit Price: $72,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.35%
Gross Rent Multiplier: 9.98
Last Updated: 6/21/2021

Overview / Comments

Units: 6
Average Size: ±525 SF
Type of Units: 1-Bed/1-Bath
Total SF: ±3,150 SF
Land: ±0.29 Acres
Parking: Shared Private Lot

The two side-by-side triplexes have been well-maintained and have strong cash-flow potential without an aggressive initial renovation investment. All units have a private yard and are separately metered for electric utilities. Each unit is equipped with washer/dryer hookups inside its laundry closet. Windows are all double pane vinyl sliders.

The property is a 0.5 mile drive North of Kirtland Air Force Base and Max Q,
the 70-acre mixed-use development. The VA Medical Hospital is a 1.5 mile
drive southeast of 1221-1225 San Mateo Blvd. SE.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: 101705652916843306
Zoning: MX-L - Mixed-use: Low Intensity

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,511 102,668 266,929
Median Age: 38.61 34.97 36.81
Households: 8,573 45,797 116,518

Contact

Photograph of Listing Agent

Sarah Raboff

NAI SunVista CARNM CIE Member
Photograph of Listing Agent

James A Wible, CCIM

NAI SunVista CARNM CIE Member
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