bedrooms
2
bathrooms
0
square feet
3,592
Acreage
0.16
Open Houses
-
year built
1985
Full Baths
0
Half Baths
0
Each unit contains a large two bedroom, one bathroom unit with fireplace and each building has a laundry facility. A recently vacated unit is available for an owner-occupant and with an ask price of the current average rents of $1,050, and an ask price of $453,550 the measures of investment performance include a price per unit of $113,387, price per square foot of $126.27, a GRM of 9.00, an after reserves cap rate of 6.50%.If rents are raised to the market average of $1,300, the measures of investment performance improve to a before reserves cap rare of 8.47%.The property is well located at 530 Tennessee NE and is close to grocery stores, Uptown, University area and so much more. The property is also across the street from the Mesa Verde park and the Community Center
Location | |
Subdivision | Mesa Verde Addition |
County | Bernalillo |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 1081214
Listing agent:
Todd D Clarke
#13711
Listing broker:
Nm Apartment Advisors Inc.
(505) 440-8633
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, April 2 2025 at 9:06 p.m. EDT
Kotohomes National