2616 Muriel St NE - Apartments FOR SALE


Albuquerque, NM 87112- Matheson Park
$500,000 USD
505-504-8883
2616 Muriel St NE, Albuquerque, NM for Sale
$500,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

2616 Muriel St NE
Albuquerque, NM 87112
Matheson Park


OVERVIEW

-Pro forma cap rate: 6.08% -Pro forma GRM: 8.67 -In-place Rents roughly 8.5% below market -Roof replaced in 2022 -In-unit Washer/Dryer hookups -Proven Northeast Heights rental market -Seller financing available

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

4

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Far Northeast Heights 4-Plex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,529 SF

ZONING

MX-L

APN/PARCEL ID

1-021-059-507419-1-13-16

ASK ABOUT THIS PROPERTY

Luke ScarpaNAI Sun VistaMore Info
505-504-8883

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Luke ScarpaNAI Sun VistaMore Info
505-504-8883

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.