Multifamily Investment Oppurtunity

Multi-Family for Sale
Catylist Listing ID: 30392468
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,340 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $154,995
Unit Price: $38,748.75 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,100 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 90
Last Updated: 3/11/2019

Overview / Comments

Kyle Berkshire with T&C Management and Brokerage is honored to represent to owner of 425 Messila SE which includes four 1bed 1bath units in the SE Heights of Albuquerque, NM. This multifamily opportunity is full of potential for a first time investor looking to get into their first property. Professionally managed by a long time local company, with stable occupancy and solid returns. Plenty of upside to buy right and add instant equity. This fourplex contains attached tenant storage, a gated courtyard, and full washer & dryer connections. Call Kyle for more information and a detailed financial report. Lets make your next investment property cash flow today, and watch your money grow day after day!!

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: 101905608749322107
Zoning: R-2 - Residential Zone
Percent Occupied: 75%
Property Located Between: South of Zuni
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 1
Year Built: 1956
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Stucco
Parking Ratio: 1.2 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 5
Laundry: In Each Unit
Heat Type: Natural Gas
Heat Source: Wall Units
Air Conditioning: Evaporative Cooler
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,572 123,757 276,287
Median Age: 32.08 37.06 37.33
Households: 12,181 54,965 121,559


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