This Multifamily Property is no longer advertised on LoopNet.com.

3410 Vail Ave SE
Albuquerque, NM 87106
 Price Reduced! Upgraded 16-Units | Value-Add · Multifamily Property For Sale · 16 Units

Apartment Buildings New Mexico Albuquerque 3410 Vail Ave SE, Albuquerque, NM 87106

Investment Highlights

  • Excellent Unit Mix: 100% 2 Bedroom-1 Bathroom Units (± 750 SF)
  • Renovated Units & Amenities: In-Unit Washers & Dryers (94%), Private Enclosed Courtyards (75%), Skylights, and Gated Property.
  • Improving Submarket: Equidistant to 70-Acre Max Q Development & Upscale Ridgecrest Neighborhood.
  • 2014-2017 Improvements: TPO Roofs (2016-2017), Electrical, Plumbing, Vinyl Double-Pane Windows, and Appliances.
  • Well-Below Market Lease Rates: Avg. In-Place Lease Rates are 45.08% Below Competitors.
  • Individual Unit Gas & Electricity Meters (Tenant Responsibilities).

Property Facts

No. Units 16 Lot Size 0.72 AC
Property Type Multifamily Building Size 12,954 SF
Property Subtype Apartment Average Occupancy 94%
Apartment Style Garden No. Stories 1
Building Class C Year Built 1962
Zoning R-MH
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.72 AC
Building Size 12,954 SF
Average Occupancy 94%
No. Stories 1
Year Built 1962
Zoning R-MH

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 16 - 750

Links

Property Taxes

Parcel Numbers
Multiple
  • 1-016-056-411090-4-06-20
  • 1-016-056-428092-4-06-16
  • 1-016-056-417091-4-06-18
  • 1-016-056-417079-4-06-21
  • 1-016-056-422078-4-06-03
  • 1-016-056-426078-4-06-04
  • 1-016-056-411079-4-06-02
  • 1-016-056-423092-4-06-17
 Improvements Assessment $634,414
Land Assessment $93,846 Total Assessment $728,260

Property Taxes

Parcel Numbers
Multiple
  • 1-016-056-411090-4-06-20
  • 1-016-056-428092-4-06-16
  • 1-016-056-417091-4-06-18
  • 1-016-056-417079-4-06-21
  • 1-016-056-422078-4-06-03
  • 1-016-056-426078-4-06-04
  • 1-016-056-411079-4-06-02
  • 1-016-056-423092-4-06-17
Land Assessment
$93,846
Improvements Assessment
$634,414
Total Assessment
$728,260
 

  • Listing ID: 32557817

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 3410 Vail Ave SE, Albuquerque, NM 87106

More public record information on 3410 Vail Ave SE, Albuquerque, NM 87106

The Southeast Heights Multifamily Property at 3410 Vail Ave SE, Albuquerque, NM 87106 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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