Albuquerque

The property is 100' from the Puerta Del Sol golf course and offers single story courtyard style units in spacious two bedroom / one bathroom configuration. Each unit is a large two bedroom, one bathroom unit.This is the first time this property has been offered for sale from the family of the architect, Allan G Elsik, Architect who was a well known local architect who poured his talent, energy and passion in this this community.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,200, and an ask price of $504,852 the measures of investment performance include a price per unit of $168,284, price per square foot of $181.02, a GRM of 11.69, an after reserves cap rate of 6.32%.

Lot 9, Blck 1, Rangeles Subdivision w/50ft of Lot 10

Southwest MLS

NM Apartment Advisors Inc.

NM Apartment Advisors, Inc.

OTHER

MULTIFAMILY

ACTIVE

New Mexico

MULTI_FAMILY - Albuquerque, NM

Albuquerque Public Schools

Kirtland Elementary

GENERAL_ELEMENTARY_SCHOOL

Bandelier Elementary

Se Heights

La Resolana Leadersh

Victory Hills

GENERAL_MIDDLE_SCHOOL

Monte Vista Elementary

Nob Hill

Lowell Elementary

Clayton Heights-Lomas Del Cielo

Whittier Elementary

Parkland Hills

Highland High

Highland

GENERAL_HIGH_SCHOOL

Media Arts Charter

Mountain Mahogany

Jefferson Middle

Summit Park

3403 Anderson Ave SE Albuquerque, NM 87106

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Nearby Schools