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4320 GRANDE Court NW, Albuquerque, NM 87107

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For Sale
Sale Pending

$4,000,000

1 beds26,302 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $152.08
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

40 unit apartment complex in a prime North Valley location on 2.18 acres! Current appraisal at $5,105,000. Rare opportunity to own investment property in the charming and trending Los Griegos neighborhood. Property being sold as a complete package consisting of four tri-plex units and seven four plex units with a total of 26302 square feet. 21 2bd/1bth; 19 1bd/1bth. Long time property manager/maintenance can stay in place if desired. Immaculately maintained, inside and out. Community coin laundry room, refrigerated air, individually metered electric, 38 fenced patios, firewalls between all units, zoned R-ML. One unit is currently a management office and accounts for part of 5% vacancy. $374,640.00 annual rental income, $174,303.46 NOI, 4.3% cap rate with room to grow towards market!
MLS# 1081938

Courtesy Of Coldwell Banker Legacy

(505) 892-1000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Patio, Ceiling Fan
  • Appliances
    Garbage Disposer, Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Stucco
  • Floor Covering
    Carpet, Tile
  • Heating System
    Forced Air
  • Lot Size
    2.18 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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