63rd Street Fourplex

Multi-Family for Sale
Catylist Listing ID: 30040469
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,924 SF
Gross Land Area: 0.14 Acres
Sale Price: $158,900
Unit Price: $39,725 Per Unit
Property Use Type: Investment
Usable Size (USF): 2,924 SF
Sale Terms: Cash to Seller
Cap Rate: 7.9%
Average Occupancy Rate: 100
Last Updated: 10/20/2017

Overview / Comments

Townhouse style units with attractive floorplan.

8.5% Cap rate (actual), 12.10% Cap rate (proforma)

Attachments & Media

Financials

Finance Data Year 2016
Net Operating Income $13,401 (Annual)
Gross Operating Income $23,621 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: West Mesa
Taxing Authority: Bernalillo
Tax ID/APN: 101105706738620625
Zoning: R-2 - Residential Zone
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1979
Roof Type: Flat
Construction/Siding: Stucco

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,337 132,341 218,100
Median Age: 32.23 32.22 32.95
Households: 7,712 46,640 79,383

Contact

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