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Don Quixote Apartments 1811 Lead Ave SE 32 Unit Apartment Building $4,200,000 ($131,250/Unit) 5.70% Cap Rate Albuquerque, NM 87106



Property Facts
| Price | $4,200,000 | Building Class | C |
| Price Per Unit | $131,250 | Lot Size | 0.50 AC |
| Sale Type | Investment | Building Size | 21,842 SF |
| Cap Rate | 5.70% | No. Stories | 2 |
| No. Units | 32 | Year Built | 1980 |
| Property Type | Multifamily | Parking Ratio | 1.74/1,000 SF |
| Property Subtype | Apartment | Cross Streets | University |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $4,200,000 |
| Price Per Unit | $131,250 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 21,842 SF |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 1.74/1,000 SF |
| Cross Streets | University |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Carpet
- Wi-Fi
- Grill
- Smoke Free
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Furnished Units Available
- Grill
- Pet Play Area
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 10 | - | 375 |
| Studios | 10 | - | 365 |
| 1+1 | 8 | - | 500 - 515 |
| 2+1 | 4 | - | 800 |
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Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (85)
Property Taxes
| Parcel Number | 1-015-057-389207-4-21-01 | Improvements Assessment | $217,941 |
| Land Assessment | $67,597 | Total Assessment | $285,538 |
Property Taxes
Parcel Number
1-015-057-389207-4-21-01
Land Assessment
$67,597
Improvements Assessment
$217,941
Total Assessment
$285,538
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Don Quixote Apartments | 1811 Lead Ave SE
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