Explore the potential of this solid investment opportunity near the University of New Mexico (UNM). Perfectly situated, tenants enjoy the convenience of walking to UNM, public transportation, shops, and restaurants, making it an ideal location for both students and professionals. Key Features: Prime Location: Strategically located for easy access to UNM, public transportation, shopping, and dining. Attractive Cap Rate: With a cap rate exceeding 5%, this investment promises a robust return on investment. Residential Mortgage Rates: Currently, there's a unique opportunity to occupy one unit and benefit from residential property mortgage rates, adding an extra layer of financial advantage. Spa
Beautiful home upgrade interior and exterior painting, laminated flooring, and upgraded bathroom. LOCATION: UNM Area , easy access to Hwy , Schools, and Restaurants.
Welcome to this light infused Abrazo one owner home. Boasting open modern floor plan with the Primary suite & an additional bedroom & full bath on the main level. Perfect for multigenerational living! Four bedrooms, loft & 3 baths. Kitchen has Quartz counters & new backsplash. Beautiful new railing on stairwell. Views from upstairs & front of the home. Backyard landscaping completed with an extended wall for privacy, raised planter & extended patio allows for additional entertainment space. Mesa Del Sol community features parks, a pool, market & dog park in addition to lots of outdoor space & trails. Sandia Labs, Kirtland Air Force Base, Airpo
Wonderful single story home situated on a cul-de-sac near UNM North Campus! This light filled property features: Multiple living areas including a great room adorned with bookshelves & cozy fireplace, Bonus/flex room, NO carpet, Beautifully finished wood floors, Chef's kitchen w/ granite countertops, breakfast nook & lots of cabinet space, Large primary suite w/ walk in closet & en-suite bath, 3 additional spacious bedrooms, Guest bath w/ double sinks & granite counters, Oversized, finished 2 car garage w/ room for storage, a sink in laundry area & pull down stairs to the attic! Large yard w/ patio, lawn & garden/storage shed. ALL NEW in 2022: Plumbing,
All 4 apartments have been modernized with care and an eye for resident comfort, convenience and security with secured outdoor storage and private yard spaces with brand new xeric landscaping and plenty of room for private outdoor living space. Other updates include thermal windows, new quality luxury vinyl plank flooring throughout, stacked washer / dryers in each unit, with updated appliances and fixtures throughout. Measures of investment performance at ask price of $570,370 and current average rent of $1,038 are a GRM of 11.45, a 6.41% cap rate, $142,592 per unit, $248/sf and an after tax IRR of 12.70%. If rents are raised to market of $1,175 the measures of investment performance impro
Cozy bungalow close to UNM and Nob Hill! Electrical panel has been updated & Water lines from the meter thru the whole house have been replaced. Radiant in-floor heating + tile floors throughout. Living room (with fireplace) and dining room both have BIG windows looking out to beautiful backyard! Kitchen with built-in desk. Two bedrooms. One full bath. Bonus heated room with washer/dryer hook-ups & plenty of space for office, exercise equipment, sitting room - whatever your needs require. One car garage with storage + two add'l storage rooms. Truly lovely east-facing backyard with oversized covered patio, pond, flagstone paths.
Welcome to a historical home with abundance of architectural charm on top of Nob Hill! In Albuquerque's premier walking/biking neighborhood with fab restaurants, breweries, movie theaters, boutiques. This 1920's home has a stunning addition with 2nd fireplace, 2nd Kitchen, 12' ceilings, huge windows where you can unwind watching the reflection of the sunset on the Sandia Mts. Perfect for ARTIST/MUSIC/YOGA studio or entertaining. Home has a very large formal entry with French doors to the living room w fireplace and cove ceilings. Formal dining room opens to a porch & sunset views. INCOME PROPERTY: Structure set for division to DUPLEX. Easy access to ABQ Airport, I-25, I-40, KAFB, Netf
Introducing Westway Homes AlbuqURBAN Series of Homes. This fantastic floor plan is an open, modern design built for the way we live today. The kitchen features designer cabinets and Bosch stainless appliances. The primary suite features a gorgeous bath with a tub, walk-in shower and enormous closet. This is a great floor plan in Albuquerque's most innovative community!
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add. Measures of investment performance at ask price of $556,936 and current average rent of $1,232 are a GRM of 12.95, a 5.67% cap rate, $183,645 per unit, $300/sf. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, g
Stunning custom home tucked into the heart of Nob Hill, built in 2019, you will not find another like it. This 3 bedroom 3 bath home with a casita/studio with it's own bathroom and laundry, showcases stone accents, walnut hardwood floors, high ceilings, and a chef's kitchen with Wolf range and ovens, Subzero kitchen and wine refrigerators, a gracious granite island and custom cabinets. Relax and unwind in the spa-like primary bathroom with soaking tub or enjoy the walk-in shower with steam, custom cabinets and marble countertops. Amenities abound, wet bar with ice maker, outdoor kitchen, 2 semi-private, very inviting outdoor patios, custom barrel ceiling in hallway, beautiful custom accent