501 Kentucky St SE - Apartments FOR SALE


Albuquerque, NM 87108
$319,000 USD
505-798-6300
501 Kentucky St SE, Albuquerque, NM for Sale
$319,000 USD
Apartments - FOR SALE
1/1
null | 8% Cap Rate

501 Kentucky St SE
Albuquerque, NM 87108


OVERVIEW

Cash Flowing property with a potential for Value Add. Leases in place for all units. Private Courtyards for each unit. Contact listing broker or your broker for details. Please do not enter property or disturb tenants. Unit Summary: Total Units: 4; Average Unit Size: 750; Average Actual Rent: 776.25; Annualized: 37,260; Total Actual Rent: 3,105 # of Unit Types (1): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Approx. SqFt: 750; Actual Rent: 600; Max Rent: 700; Market Rent: 650 # of Unit Types (2): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Approx. SqFt: 750; Actual Rent: 600; Max Rent: 700; Market Rent: 650 # of Unit Types (3): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Approx. SqFt: 750; Actual Rent: 1,005; Max Rent: 1,105; Market Rent: 1,055 # of Unit Types (4): # of Units: 1; # of Bedrooms: 1; # Baths: 1; Approx. SqFt: 750; Actual Rent: 900; Max Rent: 1,000; Market Rent: 950

FOR SALE DETAILS

PRICE

$319,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

4

PRICE/UNIT

$79,750

CAP RATE

8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,248 SF

ZONING

R-ML

APN/PARCEL ID

1-018-056-483556-1-22-10

ASK ABOUT THIS PROPERTY

Thomas GallegosBerkshire Hathaway HomeServices New MexicoMore Info
505-798-6300

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

Thomas GallegosBerkshire Hathaway HomeServices New MexicoMore Info
505-798-6300

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