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12120 Candelaria Road NE, Albuquerque, NM 87112

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For Sale

$750,000

2 beds2 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 31-40 Years Old
    Age

Explore this Property

The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the west, 12100 Candelaria NE which is available for sale at $650,000. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $750,000 and average rents of $1,250 are a GRM of 12.50, a 5.99% cap rate, $187,500 per unit, $185/sf.
MLS# 1078050

Courtesy Of NM Apartment Advisors Inc.

(505) 440-8633

Property Features

  • Age
    31-40 Years Old
  • Appliances
    Refrigerator
  • Floor Covering
    Carpet
  • Heating System
    Forced Air
  • Lot Size
    0.33 Acres

Home seller CENTURY 21 Camco Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Camco Realty

(505) 292-2021
Learn More About Us

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