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314-316 Tennessee St SE
Albuquerque, NM 87108
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Separate garages for each unit
- Shared outdoor private space
- Strong tenant history
- In-suite laundry hookups
- Cinder block fencing surrounding property
- Located near the Kirtland Air Force Base and VA Medical Hospital
EXECUTIVE SUMMARY
Colliers is pleased to bring to market 314 & 416 Tennessee St SE, a multifamily complex consisting of two triplexes. The property is located in the Southeast Heights near the Kirtland Air Force Base and VA Medical Center. Each triplex features three 2-bedroom, 1-bath units, with separate garages and in-suite laundry hookups, as well as a shared, private outdoor space. The complex boasts a strong performance history in its tenancy history, making it an ideal opportunity to build an investment portfolio or add to an existing one.
Full Offering Memorandum is available upon request with signed confidentiality agreement.
Full Offering Memorandum is available upon request with signed confidentiality agreement.
PROPERTY FACTS
| Price Per Unit | $106,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.31 AC |
| Cap Rate | 8.04% | Building Size | 5,280 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 2.27/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-ML | ||
| Price Per Unit | $106,000 |
| Sale Type | Investment |
| Cap Rate | 8.04% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 5,280 SF |
| No. Stories | 1 |
| Year Built | 1962 |
| Parking Ratio | 2.27/1,000 SF |
| Zoning | R-ML |
AMENITIES
UNIT AMENITIES
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $206,246 | |
| Land Assessment | $23,864 | Total Assessment | $230,110 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$23,864
Improvements Assessment
$206,246
Total Assessment
$230,110
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