Skip To Content

12361 Mountain Road NE

Albuquerque, NM 87112
  • $948,597
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 1014056
UPDATED: 41 min ago
$948,597
  • 1
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,800
    SQFT
  • $198
    $/SQFT
Type:
Multi-Family
Built:
1977
County:

School Ratings & Info

Description

Located in the highly sought after NE heights submarket, these units are located adjacent to a city park and oozing with curb appeal. The property is within walking distance to trailhead for Albuquerque's hundreds of miles of nature trails along the Sandia Mountain foothills. The residences offer refrigerated air condition, luxury vinyl tile, upgraded windows and doors and access to private courtyards with shade trees. Positive pitch TPO roof installed in last few years. With the recent surge in traveling nurses, this property, if furnished could have an amazing value add play.At the ask price of $948,597 and with an average rent of $795, the measures of investment performance include $118,575 per unit, $197.62 per square foot, a before reserves cap rates of 5.25%,

Monthly Payment Calculator



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 Carson & Carson | Keller Williams Santa Fe. Data last updated: 2022-05-20T17:05:28.937.
www.santafepropertyfinder.com/homes/128414728
Print Image

12361 Mountain Road NE Albuquerque, NM 87112

  • Price: $948,597
  • Status: Active
  • On Site: 14 Days
  • Updated: 41 min ago
  • MLS #: 1014056
1
Beds
0
Baths
0
½ Baths
0.27
Acres
4,800
SQFT
$198
$/SQFT
1977
Built
Neighborhood:
Royal Heights Subdivision
County:
Bernalillo
Area:
50 - Northeast Heights
Property Description
Located in the highly sought after NE heights submarket, these units are located adjacent to a city park and oozing with curb appeal. The property is within walking distance to trailhead for Albuquerque's hundreds of miles of nature trails along the Sandia Mountain foothills. The residences offer refrigerated air condition, luxury vinyl tile, upgraded windows and doors and access to private courtyards with shade trees. Positive pitch TPO roof installed in last few years. With the recent surge in traveling nurses, this property, if furnished could have an amazing value add play.At the ask price of $948,597 and with an average rent of $795, the measures of investment performance include $118,575 per unit, $197.62 per square foot, a before reserves cap rates of 5.25%,
Exterior Features

Construction Materials Frame Exterior Features Landscaping Levels One Parking Total 8 Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Bathrooms Total Integer 1 Cooling Refrigerated Cooling YN Yes Electric None Flooring Vinyl Heating CentralForced Air Heating YN Yes

Property Features

Additional Parcels YN Yes Builder Name Unknown Building Area Total 4800 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 78504 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 28703 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 2885.78 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

Listing courtesy of Nm Apartment Advisors, Inc.. © 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 Carson & Carson | Keller Williams Santa Fe. Data last updated: 2022-05-20T17:05:28.937.
 
https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1014056-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1014056-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1014056-2.jpg
Logo
Carson & Carson | Keller Williams Santa Fe
130 Lincoln Ave suite k
Santa Fe NM, 87501