|
Albuquerque NM Real Estate & Homes for Sale56 Properties Found
51–56 of 56 properties displayed
$925,4881100 Palomas Drive SE Albuquerque, NM 87108
Courtesy: NM Apartment Advisors, Inc.
(505) 440-8633
View additional infoThe prior owner remodeled the property with a new TPO roof, new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.Measures of investment performance at ask price of $925,488 and current average rent of $806 are a GRM of 9.57, a 5.97% cap rate, $92,549 per unit, $119.88/sf. If rents are raised to the market of $950, the measures of investment performance improve to a cap rate of 7.41%.Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which has just completed construction of a new office building a few blocks away $956,188300 Rhode Island Street SE Albuquerque, NM 87108
Courtesy: NM Apartment Advisors, Inc.
(505) 440-8633
View additional infoNew Mexico Apartment Advisors is pleased to bring El Pueblito, a 15 unit apartment community back to market. Available for the first time in decades, this value add opportunity is an amazing chance to build on the pueblo modern architecture while pursuing the double digit rent growth the city of Albuquerque is currently undergoing.Located on a traffic calming cul-de-sac, 300-314 Rhode Island SE has classic NM architecture in a three building family compound layout.With the average rents of $576 and at the ask price of $956,188 the measures of investment performance include a GRM of 9.22, a before reserves cap rate of 6.81% and an after tax IRR of 16.9%. $593,000644 Louisiana Boulevard SE Albuquerque, NM 87108
Courtesy: Absolute Investment Realty
(505) 346-6006
View additional infoDO NOT DISTURB TENANTS.Shown by appointment ONLY and will only be shown with accepted deal.8.00% CAP RATE ON NOI. See broker for financial information.Fully Leased! Recently Remodeled! This Property has been recently remodeled with a number of improvements including new roofs, stucco, windows, doors.Landscaping, paving, and gravel driveway is all new.The units have kitchen remodels including countertops, cabinets, backsplashes, stainless appliances. Apt 1 received a full interior renovation.Apt 2 received a kitchen & living renovation. Apt 3: kitchen renovation, flooring, The 3 bed Home received updates throughout including a kitchen renovation and 3 new refrigerated air units and has a private walled yard area. $449,114510 Mesilla Street SE Albuquerque, NM 87108
Courtesy: NM Apartment Advisors, Inc.
(505) 440-8633
View additional infoMeasure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth. $373,105130 Rhode Island Street SE Albuquerque, NM 87108
Courtesy: NM Apartment Advisors, Inc.
(505) 440-8633
View additional info130 Rhode Island SE with average rents now at $830, a 18% increase over June 2022 when they averaged $681 and at the ask price of $373,105 the measures of investment performance include a GRM of 9.37, a before reserves cap rate of 6.28% and an after tax IRR of 12.70%. If rents are raised to the market of $1,247 (which an identical property on this street is achieving), the measures of investment performance improve to a cap rate of 11.11%, and cash on cash of 22.86%In addition to raising rents to the market untapped upside exists in renovating and generating income from the unused laundry rooms.Extensive renovations list can be found on page 6 of the flyer(s) and full inspection reports, leases and additional information for 130 Rhode Island SE are available to qualified investor $245,000547 Pennsylvania Street SE Albuquerque, NM 87108
Courtesy: Coldwell Banker Legacy
(505) 281-0000
View additional infoFabulous, new build in 2008, single owner home, conveniently located near Kirtland Air Force Base. A highly desirable 3 bed 2 bath configuration with the primary bedroom on the main floor. Large backyard with dog run and a detached 2 car garage. New TPO roof in 2019. Home has solar panels with an assumable lease. Seller is offering a $5000 buyer allowance with suitable offer!
51–56 of 56 properties displayed
How may I help you?Get property information, schedule a showing or find an agentAlbuquerque & Nearby CitiesAlbuquerque Real Estate Los Ranchos De Albuquerque Homes for Sale Corrales Homes for Sale Rio Rancho Homes for Sale Tijeras Homes for Sale Cedar Crest Homes for Sale Bernalillo Homes for Sale Bosque Farms Homes for Sale Sandia Park Homes for Sale Peralta Homes for Sale La Madera Homes for SaleAlbuquerque ZIPs87101 Homes for Sale 87102 Homes for Sale 87104 Homes for Sale 87106 Homes for Sale 87107 Homes for Sale 87109 Homes for Sale 87110 Homes for Sale 87114 Homes for Sale 87115 Homes for Sale 87116 Homes for Sale 87119 Homes for Sale 87120 Homes for Sale 87131 Homes for Sale 87151 Homes for Sale 87158 Homes for Sale 87184 Homes for Sale 87194 Homes for Sale 87196 Homes for Sale 87197 Homes for Sale 87199 Homes for Sale |
|
|
|||
Mark Carlisle
1001 Golf Course Rd. Ste. 101, Rio Rancho, NM 87124 | Phone: (505) 480-2478 | Email: mcarlisle.allstar@gmail.com
Our website uses cookies, including third parties’ profiling cookies, to improve your user experience. You can learn more about how we use cookies and how to change your cookies settings in our Privacy Policy. By closing this message, clicking above or continuing to use this site, you consent to our use of cookies.