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7601 Lomas Blvd NE
Albuquerque, NM 87110
Uptown Horizon · Multifamily Property For Sale
·
79 Units
Investment Highlights
- Cash-on-Cash Returns of Greater Than 10% Day 1: Strong Third Party Management in Place That Will Stay in Place for New Owner
- Brand New TPO Roof Installed in 2019 With Transferable Warranty
- 99% Occupancy and Loan Assumption: Will Include 3 Years of IO at 3.51% Rate With Non- Recourse Loan
Property Facts
| No. Units | 79 | Building Size | 42,557 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.91/1,000 SF |
| Lot Size | 1.47 AC | ||
| Zoning | MX-M | ||
| No. Units | 79 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.47 AC |
| Building Size | 42,557 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.91/1,000 SF |
| Zoning | MX-M |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Range
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- Courtyard
- Laundry Facilities
- Pool
- Property Manager on Site
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 53 | - | 420 |
| 1+1 | 26 | - | 520 |
Property Taxes
| Parcel Number | 1-019-058-169026-3-02-14 | Improvements Assessment | $420,148 |
| Land Assessment | $122,846 | Total Assessment | $542,994 |
Property Taxes
Parcel Number
1-019-058-169026-3-02-14
Land Assessment
$122,846
Improvements Assessment
$420,148
Total Assessment
$542,994
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