Five Four-Plex Apartments

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 29622586
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 20 Units
Building Size (RSF): 18,600 SF
Gross Land Area: 39,204 SF
Sale Price: $1,198,000
Unit Price: $59,900 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2017

Overview / Comments

For Sale > Portfolio of Five Four-Plexes
1225, 1229, 1233, 1237, 1241 & 1303 Menaul Blvd. NE

> Sale Price $1,198,000 (RECENT PRICE REDUCTION)
> Lot Size 15,000 SF
> Zoning Residential (R-2)
> Twenty, Large Two Bedroom Units
> Five Four-Plexes with Adjacent House
> 3 Bedroom House can be sold separately
> Separate Lots
> Can be Financed as Individual Four-Plex Units

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Tax ID/APN: 101305946538711000, 101305946640011000, 101305946740511000, 101305946841011000, 101305945640911000, 101305945539711000
Zoning: R-2 - Residential Zone
Market Type: Medium
Property Located Between: Menaul Blvd. & 12th Street
Side of Street: North
Road Type: Paved
Transportation: Bus
Area Description: Properties are located directly North of the Indian Pueblo Cultural Center
Total Number of Buildings: 6
Number of Stories: 2
Year Built: 1972
Construction/Siding: Stucco
Parking Ratio: 1.5 (per 1000 SF)
Parking Description: 1.5 Spaces per Unit
Zoning Description: Residential
Legal Description: Lots 9-A, 10-B, 10-C & 10-D Colema Addn

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,887 114,553 311,985
Median Age: 39.02 36.21 35.18
Households: 4,544 48,306 126,385
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