Price
$ 666,000

1300 Coal Avenue SW, Albuquerque, NM 87102  
  • 4,983 sqft

1300 Coal Avenue SW, Albuquerque, NM 87102  

Two four plexes in downtown Albuquerque - hardwood floors, attractive interiors, although the Seller is interested in selling all 8 units at the same time, the Seller is open to selling each fourplex separately, with the intention of having a similar closing timeframe for each buyer to allow the Seller to complete a 1031 exchange. Measures of investment performance: 6.34% Cap rate, 8.18 cash on cash, 21.2% before tax IRR and 17.1% after tax IRR.Tour rescheduled due to rain on 4/25 at noon, email LA for new tour date and offer deadline.

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Listing Type
Multi-Family
Listing ID
888188
House Size
4,983
Lot Size
0.30 acres
Listing Status
Active
Year Built
1940
County
Bernalillo
Subdivision
Raynolds Add
Floors
1.0
Units
8
Taxes
4713.0
Listing courtesy of NM Apartment Advisors, Inc.
Price History
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Date Event Change Price
8/2/2017 Price change $64,200 (10.7%) $666,000
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX ALLIANCE
    9577 Osuna NE Suite B Albuquerque, NM 87111 | Phone: (505) 298-9999
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.