Listed By NM Apartment Advisors, Inc., Todd D Clarke
510 MESILLA ST SE Albuquerque, NM 87108
$449,114
2
Bedrooms
1
Total Baths
—
Full Baths
3,000
Square Feet
0.16
Acres
1960
Year Built
Active
Status
MLS#
1058525
Measure of investment performance include 6.45% cap rate at $449,114 ask price.The prior owner remodeled the property with a new roof, new windows, syntheticstucco, hard surface flooring, new lighting, new vanities, washer/dryers newevaporative coolers updated electrical, wrought iron security fence, new toilets aswell as replacing some of the hot water heaters and furnaces.This 4-plex is located in an area of that has had major announcements of new employment.Couple that with the impact of the citywide expansion of Netflix, Facebook,Intel and Amazon and this property is well positioned to enjoy the forthcomingwave of appreciation and rent growth.
Details for 510 MESILLA ST SE
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office NM Apartment Advisors, Inc., (505) 440-8633
MLS# 1058525
Updated 7:58PM - 4/30/2024
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