644 Louisiana Blvd SE - Apartments FOR SALE


Albuquerque, NM 87108
$593,000 USD
505-346-6006
644 Louisiana Blvd SE, Albuquerque, NM for Sale
$593,000 USD
Apartments - FOR SALE
1/39
null | 8% Cap Rate

644 Louisiana Blvd SE
Albuquerque, NM 87108


OVERVIEW

The hard work has been done! The proud new owner of this Property can anticipate low future capital improvement costs as Property has been nearly completely renovated over the past few months. Improvements include: a full exterior renovation and interior renovations as needed. Apartment 1 has been fully renovated, Apartment 2 and the Single Family-Home have each received improvements as needed. Apartment 3 has received renovations throughout. The 3-bedroom single family home has received several upgrades including floors, windows & kitchen renovations. Renovation details are listed herein.

FOR SALE DETAILS

PRICE

$593,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

4

PRICE/UNIT

$148,250

CAP RATE

8%

% 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

1972

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

MX-L

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rita CordovaAbsolute Investment RealtyMore Info
505-346-6006

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Rita CordovaAbsolute Investment RealtyMore Info
505-346-6006

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