1901 SW Isleta Blvd - Apartments FOR SALE


Albuquerque, NM 87105
$519,900 USD
505-946-7000
1901 SW Isleta Blvd, Albuquerque, NM for Sale
$519,900 USD
Apartments - FOR SALE
1/15
null | 5.54% Cap Rate

1901 SW Isleta Blvd
Albuquerque, NM 87105


HIGHLIGHTS

  • Large lot .49 acre
  • close to schools and convenient transportation access
  • MH hook up on north side of lot. Could be used for additional income.

OVERVIEW

This 4-plex is an ideal investment opportunity on a .49 acre lot. Featuring 3-bedroom, 1-bath units approximately 756 sq ft, each. Consistent rental income, outstanding location near schools, and convenient transportation access. The property includes ample parking, in-home laundry facilities, and separate utilities for each unit. Apartments are toward the back of the lot. Zoned C-1, includes a MH Hook-up on the North side. Interested parties should check with county for allowable uses. Current rents are 600 per unit and could be increased to 980 per unit.

FOR SALE DETAILS

PRICE

$519,900 USD

PRICE/SF

$162 USD /SF

# OF UNITS

4

PRICE/UNIT

$129,975

CAP RATE

5.54%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

C-1

APN/PARCEL ID

1-012-055-399143-4-11-75

ASK ABOUT THIS PROPERTY

Brooke BarlowCentury 21 Camco RealtyMore Info
505-946-7000

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Brooke BarlowCentury 21 Camco RealtyMore Info
505-946-7000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.