NM > Albuquerque > New Holiday Park Subdivision
Albuquerque, NM 87112,12509 Manitoba DR NE
Albuquerque, NM 87112,12509 Manitoba DR NE
Albuquerque, NM 87112,12509 Manitoba DR NE
Albuquerque, NM 87112,12509 Manitoba DR NE
Albuquerque, NM 87112,12509 Manitoba DR NE
Albuquerque, NM 87112,12509 Manitoba DR NE
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Katie Fellure

Katie Fellure

Katie & The Team

+1(505) 221-6108
Listed by NM Apartment Advisors, Inc.
$ 553,214
Est. payment | /mo

2 Beds

1 Bath

2,940 SqFt

Save
$ 553,214
Est. payment | /mo
Save

2 Beds

1 Bath

2,940 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,940 sqft

Price per Sqft $188

Subdivision New Holiday Park Subdivision

MLS Listing ID 1095868

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $1,885

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

The property is located close to foothills trails, Sandia Pueblo, The Elena Gallegos open space preserve, the second longest aerial Tramway in the world as well as, KAFB/Sandia National Laboratories and great local shopping & restaurants. Each apartment contains two bedrooms and one bathroom and separately metered for gas and electric. There is one on-site laundry room, downstairs just off the large parking lot that accommodates plenty of off street parking. Measures of investment performance at ask price of $552,214 and average rents of $1,088 are a GRM of 10.60, a 5.36% cap rate, $138,804 per unit, $188.17/sf.If rents are raised to market rate of $1,395, the measure of investment performance improve to a 6.91% cap rate and that a large potential increases in property taxe

Location

State NM

County Bernalillo

Area 30 - Far Ne Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

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

Accessibility None

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102206151327010418

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Katie Fellure

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 221-6108

katie.fellure@exprealty.com

100 Sun Ave NE, Albuquerque, NM, 87109-4659, USA

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12509 Manitoba DR NE