property photo
<<       >>
Request More Infomation
Appointment to See
$3,600,000
12008 Phoenix Avenue Ne
Albuquerque, NM 87112

33,750 SqFt
69,696 SqFt Lot
1.6000 Acres
Land


Status:Active
Amazing property contains ownership style, two story townhouse units with 2 bedrooms, 1. 5 bathrooms, laundry room and private back patio/area. Located in ne heights - close to foothills, schools, shopping, restaurants with easy access to interstate 40. Property is two adjacent properties - 8 formerly condo units at 2306 chelwood ne, and 22 units at 12008 phoenix ne. (see page 2 of the flyer for aerial guide). Measure of investment performance at current average rent of $849, include grm of 11. 77, 5. 30% cap rate after reserves, 8. 31% cash on cash, and after tax irr of 12. 50%. If rents are moved to market of $963, mip improves to 10. 62 grm, 6. 30% cap rate after reserves, 12. 20% cash on cash and 31. 60% irr.
Basics
Property Type:   Land
Living Space:   33,750 SqFt
Lot Size:   69,696 SqFt Lot
Lot Acres:   1.6000 Acres
Year Built:   1979
Neighborhood:   Northeast Heights
Subdivision:   Brentwood Park Complex A-2
MLS#:   912647
     
Home Features
Gas Heating
Two+ Story
Wall To Wall Carpet
  Share  

Listing Agent: Todd D Clarke    Listing Broker: Nm Apartment Advisors, Inc.   

The listing data, photos and other data related to real estate for sale on this website are distributed by Listhub,Inc. The accuracy of this information is deemed reliable but is not guaranteed.
      
Property Type
Min Price
Max Price
Min Beds
Min Baths
Garage
Request More Information
For more information or make an appointment to see property ID 912647.
First Name
Last Name
Email
Phone
Send me more details
Appointment to see
Remarks
Estimate Monthly Payment:
$
Calculate Estimated Monthly Payment
Get Mortgage Rates

Down Payment $
Loan Amount: $
Length of Loan yrs
Interest Rate %
Hide Calculator

Similar homes for sale