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304 Western Skies Drive SE

Albuquerque, NM 87123
  • $375,000
  • STATUS: Active
  • ON SITE: 454 Days
  • MLS #: 1000282
UPDATED: 58 min ago
$375,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,464
    SQFT
  • $108
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Ratings & Info

Description

Each of the two bedroom one bathroom units has a utility room with washer/dryer hookups. Heat is provided by electric baseboard heating units. The hot water heater is also electric. Apartment 3 has a fireplace. 3 of 4 units are vacant, renovated and ready for you to select your own residents. The property has a new roof, with a 5 year transferable warranty from We Care Roofing service, Buyer would be responsible for applying for the transfer.At the ask price of $375,000 and an average rent of $800 the measure of investment performance include a GRM of 9.77, a CAP rate of 6.64% (before reserves), a price per unit of $93,750 a price per square foot of $109.14 an after-tax IRR of 15.40%.

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IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Keller Williams Realty. Data last updated: 2022-12-01T12:04:55.48.
www.albuquerquehomefinders.com/homes/121067569
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304 Western Skies Drive SE Albuquerque, NM 87123

  • Price: $375,000
  • Status: Active
  • On Site: 454 Days
  • Updated: 58 min ago
  • MLS #: 1000282
2
Beds
1
Baths
0
½ Baths
0.15
Acres
3,464
SQFT
$108
$/SQFT
1979
Built
Neighborhood:
Dorado Skies Subdivision
County:
Bernalillo
Area:
71 - Southeast Heights
Property Description
Each of the two bedroom one bathroom units has a utility room with washer/dryer hookups. Heat is provided by electric baseboard heating units. The hot water heater is also electric. Apartment 3 has a fireplace. 3 of 4 units are vacant, renovated and ready for you to select your own residents. The property has a new roof, with a 5 year transferable warranty from We Care Roofing service, Buyer would be responsible for applying for the transfer.At the ask price of $375,000 and an average rent of $800 the measure of investment performance include a GRM of 9.77, a CAP rate of 6.64% (before reserves), a price per unit of $93,750 a price per square foot of $109.14 an after-tax IRR of 15.40%.
Exterior Features

Construction Materials Frame Levels Two Parking Total 6 Stories Total 2

Interior Features

Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Fireplace Features Option Flooring CarpetVinyl Heating Radiant Heating YN Yes

Property Features

Additional Parcels YN Yes Builder Name Unknown Building Area Total 3464 Disclosures Ranm 2100 Disclosure Gross Income 36480 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 12480 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 1893.4 Tenant Pays OtherSee Remarks Utilities Cable ConnectedElectricity ConnectedPhone Connected Zoning Description R-Ml*

Southwest MLS] logo Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Keller Williams Realty. Data last updated: 2022-12-01T12:04:55.48.
 
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Keller Williams Realty
6703 Academy Road NE
Albuquerque NM, 87109