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

7801 Marble Ave NE
Albuquerque, NM 87110
The Q @ Uptown · Multifamily Property For Sale · 22 Units

Investment Highlights

  • Excellent Acquisition Cash-on-Cash Return: 6.73% *Assumption of Underlying Debt*
  • Excellent Unit Mix: 2 Bedroom-1.5 Bathrooms, 2 Bedroom-2 Bathrooms, and 3 Bedroom-2.5 Bathrooms.
  • Class-A Unit Amenities: Private Enclosed Courtyards (All Units); In-Unit All-in-One Washer/Dryer, Granite Countertops
  • Low-Interest Rate Assumable Debt: $2,511,354 (Oct-24), 3.25% Fixed Interest, 30-Yr. Amortization, ±6 Yrs. Remaining.
  • Growing Submarket: Winrock Town Center Expansion & ABQ Uptown Shopping District.
  • Improved Property: TPO (2017) & Asphalt Shingles Roofs (2015) and Copper & PVC Plumbing

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.42 AC
Building Size 23,576 SF
Average Occupancy 91%
No. Stories 2
Year Built/Renovated 1963/2020
Parking Ratio 0.93/1,000 SF
Zoning MF - Multifamily

Amenities

Site Amenities

  • Courtyard
  • Fenced Lot
  • Pool
  • Gated
  • Sundeck

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 10 - 965
2+2 6 - 989
3+2.5 6 - 1,332

Property Taxes

Property Taxes

Parcel Number
1-019-058-240060-3-12-09
Land Assessment
$120,552
Improvements Assessment
$147,321
Total Assessment
$267,873
  • Listing ID: 33319852

  • Date on Market: 9/26/2024

  • Last Updated:

  • Address: 7801 Marble Ave NE, Albuquerque, NM 87110

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