This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
311-319 12th St SW
Albuquerque, NM 87102
Multifamily Property For Sale
·
6 Units

Property Facts
| No. Units | 6 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 3,447 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1931 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Zoning | SU-2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,447 SF |
| No. Stories | 2 |
| Year Built | 1931 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | SU-2 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
About 311-319 12TH ST SW , ALBUQUERQUE, NM 87102
On behalf of the owner, NM Apartment Advisors Inc. is pleased to present this opportunity to acquire a highly desirable, attractive six-plex. This property is well located in downtown Albuquerque, equidistant between downtown and the prestigious Albuquerque Country Club, the Rio Grande Zoo and Albuquerque's BioPark/Acquarium. The unit mix consists of (4) 1BR/1BA units, (2) 2BR/1 BA units, and (2) 1 car garages. The as-is cap rate is 5.25% after reserves. If rents are raised to market the cap rate rises to 6.47%.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $580.00 | 494 - 600 |
| 2+1 | 2 | $822.50 | 625 - 675 |
Links
Property Taxes
| Parcel Number | 1-013-057-397414-1-29-04 | Improvements Assessment | $46,618 |
| Land Assessment | $14,168 | Total Assessment | $60,786 |
Property Taxes
Listing ID: 14436883
Date on Market: 11/19/2018
Last Updated:
Address: 311-319 12th St SW, Albuquerque, NM 87102
The Raynolds Addition Multifamily Property at 311-319 12th St SW, Albuquerque, NM 87102 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
