1601 Pennsylvania St NE
Albuquerque, NM 87110
Winrock Villas Condos · Multifamily Property For Sale
·
1 Unit
Investment Highlights
- Ideal Location (ABQ's Uptown)
- Condo unit has a balcony overlooking the pool
- Walking Distance to the Winrock Mall, High End Shops (Michael Kors, Chico's, etc), and Restaurants
Executive Summary
7%-9% Potential CAP Rate! Ideal investment opportunity in a coveted area of ABQ's Uptown! This 1 Bed 1 Bath condo, overlooks the pool and courtyard area. Updates such as granite counter tops, new refrigerated air / central heat combo unit, tile flooring, & wood burning stove / tile hearth create a tranquil ambience regardless of the season. Rare amenities within walking distance to Winrock Mall / TownCenter, Regal Cinema, Chuze Fitness, and high-end fashionista shops - Michael Kors, Banana Republic, Chico's, etc! HOA covers all utilities, property taxes, grounds maintenance, and on-site security. A carport parking space & storage locker convey with the sale. The Winrock Villas include an all year around indoor pool / hot tub, 3 outdoor pools, on-site laundry facility, clubhouse, & more!
Property Facts
| No. Units | 1 | Building Size | 10,769 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Single-Family Home | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 14.59 AC | APN / Parcel ID | 1-019-058-232428-2-05-07-L1 |
| Zoning | MX-M* - Residential | ||
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 14.59 AC |
| Building Size | 10,769 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.6/1,000 SF |
| APN / Parcel ID | 1-019-058-232428-2-05-07-L1 |
| Zoning | MX-M* - Residential |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Lawn
- Pantry
- Vinyl Flooring
- Window Coverings
Site Amenities
- 24 Hour Access
- Clubhouse
- Pool
- Maintenance on site
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
