• MLS® #: 951252
  • 3409 Tulane Drive Ne
  • Albuquerque, NM 87107
  • $825,000
  • 0.36 Acres
  • Residential Income
  • Office: Nm Apartment Advisors, Inc.

The Bart Prince Apartments feature ten architecturally unique two-bedroom units in the centrally located Alta Monte neighborhood. Designed by the legendary Albuquerque architect Bart Prince, the building is gated and fenced with a central courtyard. Each unit boasts an original feature - fireplace, balcony or fenced yard - making them easy to rent. The building has been thoughtfully updated with newer gas furnaces and roof, brand new stucco, exterior paint and a laundry room upgrade. Located within a 5-mile radius of over 75,000 jobs, this property is well positioned and close to Downtown, UNM, Uptown and the North I-25 corridor. The building has an excellent rental history with further upside potential. Present rents average $714, giving a GRM of 9.63 with a 6.39 CAP at the asking price.

Essential Information

  • MLS® #951252
  • Price$825,000
  • Acres0.36
  • Year Built1979
  • TypeResidential Income
  • Sub-Type9 or More Units
  • StatusActive

Community Information

  • Address3409 Tulane Drive Ne
  • Area41 - Uptown
  • SubdivisionIndian Acres Sub
  • CityAlbuquerque
  • CountyBernalillo
  • StateNM
  • Zip Code87107

Amenities

  • AmenitiesOwners Unit

Utilities

Natural Gas Connected, Sewer Connected, Water Connected, Cable Connected, Phone Connected

Interior

  • AppliancesRefrigerator
  • HeatingOther - See Remarks
  • CoolingOther - See Remarks
  • # of Stories2
  • Stories2 Story

Exterior

  • ConstructionFrame, Brick

Additional Information

  • Date ListedAugust 7th, 2019
  • Days on Market45
  • 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 September 22nd, 2019 at 11:58am MDT.