• MLS® #: 940537
  • 4113 Atrisco - 4201-4209 Drive Nw
  • Albuquerque, NM 87120
  • $2,272,500
  • 26954 SqFt, 1.84 Acres
  • Residential Income
  • Office: Nm Apartment Advisors, Inc.

This property is hard to find combo - new(er) construction, midsize and located on Albuquerque's growing westside. Located within walking distance of the prestigious St. Pius high school, the property is also very close to new employment and retail opportunities.Built in 2003-2006, this 30 unit community contains 29 x 2/1 with washer/dryer hookups, 32 rent free storage spaces, and a large owners/managers' unit - 3/2 + 2 car garage as well as a small onsite management office.Based on the current average rents of $705 per month, the property's measures of investment performance include a 8.96 GRM, 6.83% cap rate before reserves, before tax IRR of 21.7% and an after tax IRR of 17.7%.Value in 3rd party management, charging for storage units & raising rents.

Essential Information

  • MLS® #940537
  • Price$2,272,500
  • Square Footage26,954
  • Acres1.84
  • Year Built2006
  • TypeResidential Income
  • Sub-Type9 or More Units
  • StatusPending

Community Information

  • Area111 - Ladera Heights
  • SubdivisionSloans Acres Sub
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87120

Address

4113 Atrisco - 4201-4209 Drive Nw

Amenities

  • AmenitiesWshr/Dryr HU in Unit

Utilities

Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Interior

  • AppliancesRefrigerator
  • HeatingCentral Forced Air
  • CoolingEvaporative
  • # of Stories1
  • Stories1 Story

Exterior

  • ConstructionFrame

Additional Information

  • Date ListedMarch 28th, 2019
  • Days on Market109
  • ZoningR-ML*
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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.

Listing information last updated on July 21st, 2019 at 9:13pm MDT.