415 Marquette Avenue NE
Albuquerque, NM 87102

Description

NM Apartment Advisors is proud to bring this new listing to market - a house + fourplex in historic Martineztown, just south of EDO, east of Innovation district of downtown Albuquerque. Property has a high walk score (82), transit score (57), and bike score (84).Measures of investment performance include: on Actual average rents of $825, GRM of 10, 6.0% after reserves CAP rate, before tax IRR of 17.3% and after tax IRR of 13.60%.Recent comparable sales and competing available properties indicates a value orange of $541,295 - $553,821.

Details

MLS#913222
Sub-TypeResale
StatusActive
Year1944
Days On Site70

Features

SQ Feet5,182
Units5
Building(s)3

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87102
Area80 - Downtown Area
Listing VS Median (in 87102)
Price:
$495,000
low | high
Med:
$230,000
100% of Average
SqFt:
5,182
low | high
Med:
1,645
100% of Average
$ / SqFt:
$96
low | high
Med:
$140
3.629302139941% of Average
On Site:
70
low | high
Med:
24
100% of Average
Nearby Listings (Within 1/2 mile)
Price: $371K - $618K
SqFt: 3,500 - 6,000
Listing Updated: 05/21/2018
MLS Number: 913222
Listing Provided By:
Todd D Clarke  of  NM Apartment Advisors Inc.