3403 Anderson Avenue Se Albuquerque, NM 87106

3 Units
Property Type: Triplex
Status: Active
Year Built: 1979
Neighborhood: Rangeles Subdivision
Days on Website: 31

Courtesy of NM Apartment Advisors, Inc..

Description

The property is 100' from the Puerta Del Sol golf course and offers single story courtyard style units in spacious two bedroom / one bathroom configuration. Each unit is a large two bedroom, one bathroom unit.This is the first time this property has been offered for sale from the family of the architect, Allan G Elsik, Architect who was a well known local architect who poured his talent, energy and passion in this this community.The property is owned by an estate and they heir's do need to cash out.At the current average rents of $1,200, and an ask price of $504,852 the measures of investment performance include a price per unit of $168,284, price per square foot of $181.02, a GRM of 11.69, an after reserves cap rate of 6.32%.

Open House

Property Details and Features

  • Description: Refrigerator
  • Total Bathrooms: 2
  • Area: 2789
  • Building Area: 2789
  • Construction Materials: Frame,Stucco
  • Levels: One
  • Year Built: 1979
  • Details: EvaporativeCooling
  • Flooring: SeeRemarks
  • Heating: Central,ForcedAir
  • Days on Market: 0
  • Listing Price: 504852
  • Status: Active
  • Address: 3403 Anderson Avenue SE
  • Area: 42 - UNM South
  • City: Albuquerque
  • State: NM
  • Zip: 87106
  • County: Bernalillo
  • Subdivision: Rangeles Subdivision
  • Directions: From I-25 and Central, east to Carlisle, south to Anderson, west to property and 1220 Wellesley SE/3403 Anderson SE
  • Acres: 0.12
  • Size: 0
  • Size Source: PublicRecords
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected