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1143 Gatewood Ave SW 2,000 SF Specialty Building Offered at $3,349,477 CAD at a 7.15% Cap Rate in Albuquerque, NM 87105
Executive Summary
An income producing investment opportunity. Well-maintained site with spacious circulation. ±0.50 + Acres of vacant land; potential to add 4 to 5 homes. Strong historical occupancy with minimal vacancy. Nearby amenities including restaurants, schools and services. Quick access to I-25 via Bridge Ave.. Albuquerque is a promising market for growth with high demand for affordable housing. Attractive owner financing terms available to qualified buyers.
Property Facts
| Price | $3,349,477 CAD | Lot Size | 2.69 AC |
| Price Per SF | $1,674.74 CAD | Building Size | 2,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.15% | Year Built | 1960 |
| Property Type | Specialty | Parking Ratio | 10/1,000 SF |
| Property Subtype | Trailer/Camper Park | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | R-1 - Residential Zone | ||
| Price | $3,349,477 CAD |
| Price Per SF | $1,674.74 CAD |
| Sale Type | Investment |
| Cap Rate | 7.15% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 2.69 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 10/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-1 - Residential Zone |
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
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1143 Gatewood Ave SW
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