Listing Courtesy of: Todd Clarke - NM Apartment Advisors, Inc.
505-440-8633
505-440-8633
$449,114
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510 Mesilla Street Albuquerque, NM 87108
Fourplex
Residence
2
Beds
1
Baths
3,000
Sq. Ft.
0.16
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Saves
Measure 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.
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MLS#
1058525
Property Type
Fourplex
Bedrooms
2
Bathrooms
Year Built
1960
Square Feet
3,000
sq. ft
Lot Size
0.16
Sewer
Sewer Connected
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