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127 Tennessee St SE
Albuquerque, NM 87108
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Spacious layout
- Prime location
- Robust construction position
- Tailored for multifamily and mid-rise investors
EXECUTIVE SUMMARY
Discover an outstanding investment opportunity with this distinguished 3,126 SF building boasting 4 units and construction dating back to 1980 in the vibrant Albuquerque area. Tailored for multifamily and mid-rise investors, this property offers a compelling investment prospect with substantial potential for rental income and overall returns. The property's spacious layout and robust construction position it as an attractive option for attracting high-quality tenants and maximizing investment potential. With its favorable unit count and prime location, this building is well-suited to enhance the investment portfolio of any discerning investor seeking a promising opportunity in a dynamic and growing market.
PROPERTY FACTS Under Contract
| Price Per Unit | $100,700 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 8% | Building Size | 3,126 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Parking Ratio | 3.2/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | MX-L - Mixed Use - Low Intensity | ||
| Price Per Unit | $100,700 |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,126 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 3.2/1,000 SF |
| Zoning | MX-L - Mixed Use - Low Intensity |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 1-019-057-332034-4-02-16 | Improvements Assessment | $93,388 |
| Land Assessment | $5,266 | Total Assessment | $98,654 |
PROPERTY TAXES
Parcel Number
1-019-057-332034-4-02-16
Land Assessment
$5,266
Improvements Assessment
$93,388
Total Assessment
$98,654
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