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645 Valley High Avenue SE

Albuquerque, NM 87105
  • $1,100,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 1037679
UPDATED: 141 min ago
$1,100,000
  • 0
    BEDS
  • 1.38
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Looking for Investment opportunity with unlimited potential? We have the apartment complex for you! Located in a opportunity Zone sitting on 1.38 Acre of land Zoned M2 the possibly for devolvement is endless. 10 Total fully remodeled units. Consisting of 9) 1 Bedroom 1 Bathroom units 1) 3 Bedroom 1 Bathroom House w/ 1 car GarageOwner financing available terms listed below: Purchase price $1,100,000 $500,000 down, seller will carry the Balance for 15 years at 6% interest rate. Currently connected to city water and city electricity sewer is two separate septic tanks. Septic tanks are in working condition and have been sufficient for the seller to operate the complex but it is not up to capacity in order to be compliant with city code. Seller Credit to Connect city sewer Available

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IDX information © 2023 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: 2023-09-22T00:05:23.44.
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645 Valley High Avenue SE Albuquerque, NM 87105

  • Price: $1,100,000
  • Status: Active
  • On Site: 74 Days
  • Updated: 141 min ago
  • MLS #: 1037679
0
Beds
0
Baths
0
½ Baths
1.38
Acres
Neighborhood:
91 - Valley Farms
County:
Bernalillo
Area:
91 - Valley Farms
Property Description
Looking for Investment opportunity with unlimited potential? We have the apartment complex for you! Located in a opportunity Zone sitting on 1.38 Acre of land Zoned M2 the possibly for devolvement is endless. 10 Total fully remodeled units. Consisting of 9) 1 Bedroom 1 Bathroom units 1) 3 Bedroom 1 Bathroom House w/ 1 car GarageOwner financing available terms listed below: Purchase price $1,100,000 $500,000 down, seller will carry the Balance for 15 years at 6% interest rate. Currently connected to city water and city electricity sewer is two separate septic tanks. Septic tanks are in working condition and have been sufficient for the seller to operate the complex but it is not up to capacity in order to be compliant with city code. Seller Credit to Connect city sewer Available
Exterior Features

Construction Materials FrameStucco Parking Total 20 Stories Total 1

Interior Features

Cooling Evaporativecooling Cooling YN Yes Heating Wallfurnace Heating YN Yes

Property Features

Building Area Total 5305 Gross Income 129600 Insurance Expense 2000 Land Lease YN No Leasable Area 100 Lease Considered YN No Listing Agreement Exclusiverighttosell Listing Terms CashConventionalInvestorfinancingOwnermaycarryValoan Operating Expense 9400 Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 2644.62 Tenant Pays ElectricityTrashcollectionWater Utilities CableconnectedElectricityconnectedNaturalgasconnectedWateravailable Water Source Communitycoop Zoning Description M-2

Southwest MLS] logo Listing courtesy of Exp Realty Llc: (505) 554-3873. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 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: 2023-09-22T00:05:23.44.
 
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