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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 | Building Size | 23,576 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1963/2020 |
| Building Class | C | Parking Ratio | 0.93/1,000 SF |
| Lot Size | 1.42 AC | ||
| Zoning | MF - Multifamily | ||
| 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
| Parcel Number | 1-019-058-240060-3-12-09 | Improvements Assessment | $147,321 |
| Land Assessment | $120,552 | Total Assessment | $267,873 |
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
The Jerry Cline Park Multifamily Property at 7801 Marble Ave NE, Albuquerque, NM 87110 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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