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3400-3404 Wellesley Dr NE
Albuquerque, NM 87107
Immeuble residentiel Propriété À vendre
·
8 Unités
Certaines informations ont été traduites automatiquement.
Résumé de l'annonce
RE: Well located, beautiful condition fourplex – ready for owner occupant
On behalf of the Owners, NM Apartment Advisors and Maestas Real Estate Services are excited to bring to market this core asset located at 3400 Wellesley NE.
Exceptional opportunity to acquire a well-maintained fourplex comprised entirely of 1 bedroom / 1 bathroom units in Albuquerque’s desirable NE heights submarket. The property has been carefully maintained for the last decade by one owner reflecting consistent upkeep and long-term stewardship. The location offers strong rental appeal with convenient access to shopping, services, and major employment and medical centers. This area remains a consistently desirable rental pocket due to its accessibility.
All units offer open, spacious floorplans that feel larger than typical one-bedroom layouts. Interiors feature tile flooring throughout, providing durability, easy maintenance, and clean presentation. Each unit includes in-unit washer and dryer, a highly desirable amenity that enhances tenant retention and supports stable occupancy. Several units have received fresh interior paint, further contributing to the property’s well-cared-for appearance.
Metrics of investment performance at the ask price of $480,805 and average rents of $882 include a GRM of 11.36, a before reserves cap rate of 6.18%, a price per sf of $200, a price per unit of $120,201 with an after tax IRR of 14.5%.
If rents are raised to market rents of $1,103, the potential cap rates increases to 7.68%.
The owner is holding one unit vacant for a potential owner occupant – contact Anita to discuss steps to show that unit. Do not wait, an owner occupant fourplex in the NE heights in this price range will move fast!
Thanks,
Todd Clarke CCIM CIPs
CEO
NM Apartment Advisors Inc.
(505) 440-TODD
and
Anita Maestas
Owner & Qualifying Broker
Maestas Real Estate Services, Inc.
www.maestasrealty.com
505.463.3565
On behalf of the Owners, NM Apartment Advisors and Maestas Real Estate Services are excited to bring to market this core asset located at 3400 Wellesley NE.
Exceptional opportunity to acquire a well-maintained fourplex comprised entirely of 1 bedroom / 1 bathroom units in Albuquerque’s desirable NE heights submarket. The property has been carefully maintained for the last decade by one owner reflecting consistent upkeep and long-term stewardship. The location offers strong rental appeal with convenient access to shopping, services, and major employment and medical centers. This area remains a consistently desirable rental pocket due to its accessibility.
All units offer open, spacious floorplans that feel larger than typical one-bedroom layouts. Interiors feature tile flooring throughout, providing durability, easy maintenance, and clean presentation. Each unit includes in-unit washer and dryer, a highly desirable amenity that enhances tenant retention and supports stable occupancy. Several units have received fresh interior paint, further contributing to the property’s well-cared-for appearance.
Metrics of investment performance at the ask price of $480,805 and average rents of $882 include a GRM of 11.36, a before reserves cap rate of 6.18%, a price per sf of $200, a price per unit of $120,201 with an after tax IRR of 14.5%.
If rents are raised to market rents of $1,103, the potential cap rates increases to 7.68%.
The owner is holding one unit vacant for a potential owner occupant – contact Anita to discuss steps to show that unit. Do not wait, an owner occupant fourplex in the NE heights in this price range will move fast!
Thanks,
Todd Clarke CCIM CIPs
CEO
NM Apartment Advisors Inc.
(505) 440-TODD
and
Anita Maestas
Owner & Qualifying Broker
Maestas Real Estate Services, Inc.
www.maestasrealty.com
505.463.3565
Faits sur la propriété Sous contrat
| Prix par unité | 82 146 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,19 AC |
| Taux de capitalisation | 5,99% | Taille du bâtiment | 5 451 pi² |
| Multiplicateur du loyer brut | 11.36 | Nombre d’étages | 1 |
| Nombre d’unités | 8 | Année de construction | 1984 |
| Type de propriété | Immeuble residentiel | Ratio de stationnement | 1,83/1 000 pi² |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Style d’appartement | De faible hauteur |
| Prix par unité | 82 146 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,99% |
| Multiplicateur du loyer brut | 11.36 |
| Nombre d’unités | 8 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,19 AC |
| Taille du bâtiment | 5 451 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1984 |
| Ratio de stationnement | 1,83/1 000 pi² |
| Zone de développement économique |
Oui |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| Studios | 8 | - | - |
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 124 138 $ CAD | |
| Évaluation du terrain | 53 692 $ CAD | Évaluation totale | 177 830 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
53 692 $ CAD
Évaluation des bâtiments
124 138 $ CAD
Évaluation totale
177 830 $ CAD
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