4805 Marquette Ave NE | Albuquerque, NM 87108
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- LoopNet Team
4805 Marquette Ave NE
Albuquerque, NM 87108
The Q @ Nob Hill · Multifamily Property For Sale
·
77 Units
INVESTMENT HIGHLIGHTS
- Excellent Acquisition Cash-on-Cash Return: 8.76% *Assumption of 2.92% Fixed Loan + Supplemental Loan (Aggregated 55 LTV)*
- Excellent Assumable Debt: 2.92% Fixed Interest-Only Term, ±6 Years Remaining. Eligible for Supplemental Financing (55 LTV).
- Fitness Center, Yoga Studio, and Manicured Outdoor Lawn Area.
- Stabilized: 98.70% Occupied (Sept-24).
- On-Site Leasing Office & Gated Property.
- Upgraded Contemporary Units: In-Unit All-in-One Washer/Dryer; Open Floorplan; Breakfast Bars and Kitchen Islands
PROPERTY FACTS
| No. Units | 77 | Building Size | 52,432 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1964/2017 |
| Building Class | C | Parking Ratio | 1.81/1,000 SF |
| Lot Size | 1.48 AC | ||
| Zoning | R-MH - Multifamily High-Density | ||
| No. Units | 77 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 1.48 AC |
| Building Size | 52,432 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built/Renovated | 1964/2017 |
| Parking Ratio | 1.81/1,000 SF |
| Zoning | R-MH - Multifamily High-Density |
AMENITIES
UNIT AMENITIES
- Washer/Dryer
SITE AMENITIES
- Controlled Access
- Fitness Center
- Property Manager on Site
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 51 | - | 624 - 630 |
| 2+1 | 26 | - | 782 - 804 |
PROPERTY TAXES
| Parcel Number | 1-017-057-385403-1-25-01 | Improvements Assessment | $194,483 |
| Land Assessment | $120,653 | Total Assessment | $315,136 |
PROPERTY TAXES
Parcel Number
1-017-057-385403-1-25-01
Land Assessment
$120,653
Improvements Assessment
$194,483
Total Assessment
$315,136
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