, Albuquerque, NM 87120 (MLS# 891416)

Albuquerque, NM 87120

$1,200,000

Property Type: Residential Income Square Footage: 13,206 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,200,000 List Date: 5/09/2017 Last Modified: 5/03/2018

Overview

Description

OWNER FINANCING AVAILABLE ON THIS Excellent Investment Opportunity! Contact Listing Agent for REC details. 7 Townhomes at 1,658 sq ft 1 Townhome at 1,600 sq ft Average Rent per unit - $1147 Market Rent - $1250. Refrigerator included in all units. W/D Hook Ups in all units(gas/electric) 10 extra parking spots in addition to the 2-car insulated garage. Owner built and has managed the property impressively since original buildout. Open Floorplans, 9-foot ceilings. Laminate, ceramic tile and carpet. Quiet location near Ladera Golf Course, Shopping and Restaurants. PLEASE DON'T DISTURB THE TENANTS.

Listing Details MLS# 891416

Status Change Info

Pending Date: 2017-06-13
Closing Date: 2017-09-27

Contract Information

List Price/SqFt: 90.87
Allowance/Concession: No

Location

City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87120
Zip +4: 3738
MLS Area Major: 111 - Ladera Heights
Zone Atlas: G11

CityCounty Data

Subdivision Name: Repl Of Bent Tree Sub

General Property Description

# of Units: 8
5+ Units: Yes
Units for Sale: 8
Property Sub-Type: Multi-Family
Living Area: 13206
SqFt Source: Floorplan
Lot Size Source: Plat
Acres: Yes
Lot SqFt: 43560
Directions: From Coors and Ladera go West. Left on Sunbird then Right on Dancing Star Way then immediate Left on Harvest Maiden Way. Property is on the Right. You are at the back end of the properties at this point. Drive around the corner to Dancing Star Way where you will see the front doors and parking lot.
Stories: 2
Total # of Buildings: 3
Year Built: 1996
Age: 16 - 20
# Parking Spaces: 2
Disability Access: No
LBP Disclosure: No
Builder: Baron Construction Co.
Owner Occupant Unit: No

Basement

Basement: No

More Information

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 8
# of Bedrooms: 3
# Baths: 2.5
Approx. SqFt: 1658
Actual Rent: 1150
Max Rent: 1250
Market Rent: 1250

Unit Summary

Total Units: 8
Average Unit Size: 1658
Average Actual Rent: 1150
Annualized: 110400
Total Actual Rent: 9200

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 101106004037021270

Tax & Legal Info

GRT Code: 02-100
Tax Exemption: No
Tax Annual Amount: 15505.4

Construction Materials

Frame: Yes
Stucco: Yes

Amenities

Alarm Owned: Yes
Ceiling Fan(s): Yes
Enclosed Yard: Yes
Fireplace All Units: Yes
Skylights: Yes
Some Landscaping: Yes
Wshr/Dryr HU in Unit: Yes

Cooling

Evaporative Cooling: Yes

Flooring

Carpet: Yes
See Remarks: Yes

Heating

Central: Yes
Forced Air: Yes
Gas: Yes

Owner Pays

No Utilities: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Sewer: Yes
Trash Removal: Yes
Water: Yes

Income & Expenses

Annual Gross Income: 110100

Appliances included

Dishwasher: Yes
Disposal: Yes
Dryer H/U: Yes
Free-Standing Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer H/U: Yes

Utilities

All City: Yes

Miscellaneous Info

No Sign: Yes

Metering

Individual Electric: Yes
Individual Gas: Yes

Operating Expenses

Other - See Remarks: Yes

Parking

2 or More Garages: Yes
2+Spaces Per Unit: Yes
Guest Parking: Yes
Paved: Yes

Roof

Positive Pitched: Yes
Tar Gravel: Yes

Finance Considered

Conventional: Yes
Owner Financing: Yes

Rental Info

Call Listing Broker: Yes
Yearly Lease: Yes

Source

Broker Provided: Yes

Zoning

R-3: Yes

Property Features

Construction Materials: Frame; Stucco Amenities: Alarm Owned; Ceiling Fan(s); Enclosed Yard; Fireplace All Units; Skylights; Some Landscaping; Wshr/Dryr HU in Unit Appliances included: Dishwasher; Disposal; Dryer H/U; Free-Standing Electric Range; Microwave; Refrigerator; Washer H/U Utilities: All City Heating: Central; Forced Air; Gas Cooling: Evaporative Cooling Flooring: Carpet; See Remarks Miscellaneous Info: No Sign Metering: Individual Electric; Individual Gas Operating Expenses: Other - See Remarks Owner Pays: No Utilities Tenant Pays: Electric; Gas; Sewer; Trash Removal; Water Parking: 2 or More Garages; 2+Spaces Per Unit; Guest Parking; Paved Roof: Positive Pitched; Tar Gravel Rental Info: Call Listing Broker; Yearly Lease Finance Considered: Conventional; Owner Financing Source: Broker Provided Zoning: R-3

Documents

Plat ›

Floorplan ›

Listing Office: Coldwell Banker Legacy

Last Updated: May - 03 - 2018

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.