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7605 Bell Ave SE
Albuquerque, NM 87108
Multifamily Property For Sale
·
53 Units


EXECUTIVE SUMMARY
Embrace the potential of this attractive 1,000 SF building, featuring 2 units, designed to captivate multifamily, low-rise, and garden investors seeking a strategic opportunity in the vibrant Albuquerque area. With a modern and thoughtfully planned layout, this property presents an enticing option for generating consistent rental income and cultivating a reliable tenant base. Boasting enduring construction and a favorable unit count, this building stands as a compelling choice for investors looking to expand their portfolio in a dynamic and growing market. Don't miss the opportunity to seize the potential of this promising property situated in a sought-after and thriving location.
PROPERTY FACTS Under Contract
| Price Per Unit | $5,755 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 8% | Lot Size | 2.77 AC |
| No. Units | 53 | Building Size | 37,168 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1966 |
| Zoning | R-ML - Residential – Multi-family Low Density | ||
| Price Per Unit | $5,755 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 53 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.77 AC |
| Building Size | 37,168 SF |
| No. Stories | 2 |
| Year Built | 1966 |
| Zoning | R-ML - Residential – Multi-family Low Density |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 23 | - | 400 - 500 |
| 2+1 | 29 | - | 660 - 750 |
| 3+1 | 1 | - | 1,200 |
PROPERTY TAXES
| Parcel Number | 1-019-056-183470-2-24-02 | Improvements Assessment | $84,089 CAD |
| Land Assessment | $37,774 CAD | Total Assessment | $121,862 CAD |
PROPERTY TAXES
Parcel Number
1-019-056-183470-2-24-02
Land Assessment
$37,774 CAD
Improvements Assessment
$84,089 CAD
Total Assessment
$121,862 CAD
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