Address
300 La Veta Drive NE Albuquerque, NM
Price
$ 475,000
Property Attributes
  • MLS#896778
  • TypeMulti-Family
  • CountyBERNALILLO
  • CityAlbuquerque
  • AreaFairgrounds
  • NeighborhoodTijeras Place Add
  • Zip87108
  • Style9 or More Units
  • Year Built1973
  • Taxes3207
  • Price$ 475,000
  • Bedrooms0
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6048
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
NM Apartment Advisors, Inc.
Property Description

Amazing value add opportunity - located just east of Nob Hill, north of the under construction ABQ Rapid Transit this apartment investment is priced substantially below market reflecting the # of vacant units and units undergoing renovation.Offered a 8.0% CAP rate, 11.2% cash on cash on actual rents of $404, market rents of $689 supports a 15.6% Cap rate and an astronomical cash on cash.Part of UPCOMING ART tour - contact Listing Agent for details - offer deadline has been moved..

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
7/11/2017 Listed $450,000

General Features

Amenities No Landscaping
Builder Unknown
Construction Frame
Finance Considered Cash, Conventional
Number of Units 12.00
Rental Info Call Listing Broker
Stories 2.0
Subdivision Y/N Tijeras Place Add
Tenant Pays Other - See Remarks
Utilities All City
Zoning R-3

Interior Features

5+ Units Yes
Appliances Included None
Basement No
Cooling Evaporative
Flooring Carpet
Heating Gas

Exterior Features

Disability Access Unknown
Exterior Material Stucco

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 87108

Price
AVG $300K
$480K
Taxes
AVG $2,215
$3,207
Visits
AVG 34
96
Year Built
AVG 1962
1973
Walkscore
AVG 66
79

Looking for more comfortable experience?

Check out our mobile application and browse the properties as no other.