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Albuquerque, NM

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$4,375,000

1920 Vassar Drive NE Albuquerque, NM 87106
25,370 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 837118
PROPERTY DESCRIPTION: 
Originally built by GJ Reeves in 1979, this 32 unit gated community has been completely renovated in 2014, with the millennial generation in mind offering hip, cool and colorful interiors, large balcony areas, a bike repair shack, community garden area, and so much more. The renovations are of a caliber to support a future condo-conversion. The community's location is in an irreplaceable NE heights neighborhood, just north of Netherwood Park, surrounded by $250,000-$350,000 residences, adjacent to the main bike path (along the AMFCA channel), and within biking distance of UNMs legal and medical campuses, Whole Foods, the Tennis Club of Albuquerque and the North Campus/Girard mixed use corridor.
FEATURES:
Age: 31-40 Years Old
Appliances: Dryer, Microwave, Oven - Gas, Refrigerator, Washer
Architecture Style: Other
Exterior Type: Stucco
Floor Covering: Concrete, Tile, Vinyl
Heating System: Forced Air
Lot Size: 1.04 Acres
Roof Type: Unknown
NEWLY LISTED

$3,622,925

Covered Wagon Se Albuquerque, NM 87123
2,000 Sq. Ft
Courtesy Of New Mexico Properties/Allstar, REALTORS
MLS# 848734
PROPERTY DESCRIPTION: 
What a portfolio, 17 homes and one townhome. All currently rented . Beautiful homes in our upcoming four hills. walk to movies ,starbucks , and groceries. easy bus route to nob hill and university.
FEATURES:
Age: 6-10 Years Old
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Fireplace: Fireplace
Floor Covering: Carpet, Tile, Vinyl
Heating Fuel: Natural Gas
Heating System: Forced Air, Fireplace
Lot Size: 0.1 Acres
Parking Type: Garage
Roof Type: Composition Shingle

$3,110,000

419 Monroe Street NE Albuquerque, NM 87108
33,000 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 847327
PROPERTY DESCRIPTION: 
NM Apartment Advisors Inc. is proud to bring to market the Zia East apartments. Located just north and east of Albuquerque's retail, restaurant mecca, Nob Hill, the Zia East apartments are adjacent to Zia park and Zia Elementary school. Originally built in 1960, many of the one bedroom one bathroom units have the original 60's decor and offer an abundance of storage and natural lighting. Possible interior upgrades include adding dishwashers, garbage disposals and updating surfaces. Possible exterior upgrades include moving to refrigerated package hvac units, solar carports, community gardens, and bike facilities.Based on the ask price of $3,110,000 and an average rent of $605 ($0.93/sf), the property offers a 6.74% Cap rate, 17.9% before tax IRR, and a 14.1% after tax IRR on actual
FEATURES:
Age: Over 50 Years Old
Appliances: Refrigerator
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Floor Covering: Carpet, Tile, Vinyl
Heating System: Forced Air
Lot Size: 1.3 Acres
Roof Type: Unknown

$2,450,000

200 Rio Grande Albuquerque, NM 87102
18 Beds 18,150 Sq. Ft
2 Full Baths
Courtesy Of NM Apartment Advisors, Inc.
MLS# 201404176
PROPERTY DESCRIPTION: 
Originally built by well known and admired custom home builder, HL Cleff, the property was destroyed by a fire in the mid 2000s. Purchased by local developer, John Mahoney who completed renovations in 2014, the property shines with quality upgrades from edge to edge. Currently in lease-up phase, the property is expected to offer a new investor full occupancy by this fall with an average rent of $1.18/sf or $1,198 per month. The property s new condition, sub metered utilities and great location should all lead to an easier than average property to maintain. Tour - September 4th, 2014 at noon, offer deadline September 10th at 5pm. Email Listing agent for tour registration/document link
FEATURES:
Architecture Style: Other
Cooling System: Central A/C
Exterior Type: Adobe
Heating System: Heat Pump
Lot Size: 0.71 Acres
Roof Type: Unknown
Rooms: Bedroom, Full Bath

$1,107,628

1520 NE Girard Albuquerque, NM 87106
9,506 Sq. Ft
Courtesy Of NM Apartment Advisors, Inc.
MLS# 201401132
PROPERTY DESCRIPTION: 
Take advantage of Albuquerque s booming millennial housing market by purchasing this 20 unit apartment known as Girard Commons north and located at 1520 Girard NE. This community includes interior bike storage, an intercom system, , high speed wi-fi, all utilities are paid (by landlord) and are fully furnished (including murphy beds in most units). Priced at $1,107,628 a 7.4% actual CAP rate and a 10.0% cash on cash at an average rent of $563 per unit. Reposition this property as corporate suites (area average rents $1,000, market average $2,327), or continue to operate the property with the existing residents who enjoy the mixed use neighborhood and the easy access to the UNM law campus, UNM medical campus, Whole Foods Grocery store, and an abundance of area restaurants.
FEATURES:
Architecture Style: Other
Heating Fuel: Natural Gas
Lot Size: 0.34 Acres
Roof Type: Unknown

$1,107,628

1520 Girard Boulevard NE Albuquerque, NM 87106
9,506 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 840708
PROPERTY DESCRIPTION: 
Take advantage of Albuquerque's booming millennial housing market by purchasing this 20 unit apartment known as Girard Commons north and located at 1520 Girard NE. This community includes interior bike storage, an intercom system, , high speed wi-fi, all utilities are paid (by landlord) and are fully furnished (including murphy beds in most units).Priced at $1,107,628 a 7.4% actual CAP rate and a 10.0% cash on cash at an average rent of $563 per unit. Reposition this property as corporate suites (area average rents $1,000, market average $2,327), or continue to operate the property with the existing residents who enjoy the mixed use neighborhood and the easy access to the UNM law campus, UNM medical campus, Whole Foods Grocery store, and an abundance of area restaurants.
FEATURES:
Age: 41-50 Years Old
Appliances: Dishwasher, Oven - Gas, Refrigerator
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Floor Covering: Carpet
Heating Fuel: Natural Gas
Heating System: Wall Unit
Lot Size: 0.32 Acres
Roof Type: Unknown

$975,000

2854 CAMPBELL Road NW Albuquerque, NM 87104
Courtesy Of Affordable Realty Services, Inc.
MLS# 843599
PROPERTY DESCRIPTION: 
Fabulous North Valley Location. Property currently has a small house and duplex on over 2.6 acres. Great potential for residential development. Property to the east (approimately 1.3 acres) was subdivided into 4 custom home sites.
FEATURES:
Appliances: Refrigerator
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Heating System: Forced Air, Wall Unit
Lot Size: 2.62 Acres
Roof Type: Unknown

$550,000

210 Sixth Street SW Albuquerque, NM 87102
6,513 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 811560
PROPERTY DESCRIPTION: 
Don't miss out on the improving apartment investment marketplace. In this size range (5 to 19 units), 2014 experienced twice the transaction volume of 2013, but its still 1/4 of the number of sales that occurred in 2005. (email agent if you want a copy of the full report) Occupancy, rents and values continue to be on the rise leaving money to be made for your investor.These well located eight mixed use units have a walk score 98, a bike score of 92 and a transit score of 57 (60 is the best in ABQ). Centrally located downtown near hundreds of new jobs, and within a one mile radius of hundreds of restaurants, this property is well located for to appeal to the millennial resident.Offered at its 2015 MAI appraisal of $550,000, this investment offers an 8.1% Cap rate, 11.3% cash o
FEATURES:
Age: Over 50 Years Old
Appliances: Refrigerator
Architecture Style: Other
Exterior Type: Stucco
Floor Covering: Hardwood
Lot Size: 0.08 Acres
Roof Type: Unknown

$425,000

243 RHODE ISLAND Street NE Albuquerque, NM 87108
8,150 Sq. Ft
Courtesy Of Coldwell Banker Legacy
MLS# 833590
PROPERTY DESCRIPTION: 
10 Units total, 2 Story Bldg has 8 2bedroom units @ 800sqft each. 4 of them are bottom level. The single story building in front has a 3bedroom @ 900 sqft and a 2bedroom at 850sq ft. Please dont disturb tenants, All fully rented
FEATURES:
Style: Other Style

$400,000

344 GROVE Street SE Albuquerque, NM 87108
7,000 Sq. Ft
Courtesy Of The Poston Company LLC
MLS# 838448
PROPERTY DESCRIPTION: 
SELLER FINANCING is available on this FULLY RENTED 12-unit in revitalized part of SE Heights. Close to Gibson Blvd hospitals and VA hospital, easy access to I-40. Solid cash-flow income property, always filled. Recently remodeled (see pics). We have recent survey and appraisal at $445K, along with an APOD with actual income/expense data. OWNER FINANCING available with a short-term REC with 10-15% down. NOI = $43K; Cap rate 10.75%; GRM 6.94; DCR 1.66; Break-even ratio 68%; Price $33,000/unit. [Please respect tenants' privacy and do not walk the property. Please make offer subject to inspections].
FEATURES:
Appliances: Refrigerator
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Floor Covering: Carpet, Tile, Vinyl
Heating Fuel: Electric
Heating System: Baseboard
Lot Size: 0.31 Acres
Roof Type: Tar and Gravel
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Albuquerque, NM Real Estate & Homes for Sale - 93 Listings Found

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