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Listed by NM Apartment Advisors, Inc.

$750,000

Est. payment - /mo

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2 Beds

2 Baths

0.33 Acres Lot

Active

12120 Candelaria RD NE Albuquerque, NM 87112

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Evan Fraley

evan@gobignm.com +1(505) 312-4554

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Tr 29C-2 Blk 29-C Brentwood Hills

MLS Listing ID 1078050

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1989

Annual Tax Amount $4,117

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

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.

Location

State NM

County Bernalillo

Area 50 - Northeast Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102205935653712540

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

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Evan Fraley

Realtor | License ID: 54480

+1(505) 312-4554

12120 Candelaria RD NE Albuquerque, NM 87112

Evan Fraley

Key Details

Location

Interior

Exterior

Building

Others

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12120 Candelaria RD NE