• Price:

    • $1,631,824

  • Listing #:
    • 909945
  • Class:
    • Multi-Residential
  • Status:
    • Active
  • Type:
    • 7 Units
  • Apx. SqFt:
    • 5,420
  • # of Acres:
    • 0.07
  • Lot Size:
    • 3,049
  • Year Built:
    • 1950
  • Subdivision:
    • Monte Vista Add
  • Address:
    • NE Monte Vista Boulevard
  • City:
  • County:
    • Bernalillo
  • Area:
    • 40 - Unm
  • State:
    • NM
  • Zip:
    • 87106

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Description

Amazing building - like new construction - renovated ground up in 2010. You have hit the Trifecta for walk (90), bike (96) and transit (50) scores, scoring in the top 10% for each. Across the street from UNM and just south of the nob-hill gateway and Route 66.Seven (7) units total - two (2) retail spaces on ground floor, plus five (5) furnished apartments that can be live/work or vacation rental (property has 5 year history of master leased to vacation rental operator).3rd floor penthouse apartment has views 360 of the city and seating for 50!Mixed use property is exactly what the millennial generation is looking for.Measure of investment performance at list price of $1,631,824 include, price per unit of $233,118, $/sf of $301.07, GRM of 11.65, Cap Rate before reserves of 5

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  • Units
    • Owner Occupant Unit:
      • - Yes
    • Total # Of Buildings:
      • - 1
    • # Of Units:
      • - 7.00
    • Unit Summary: Total Units:
      • - 7
    • # Of Unit Types (1): # Of Units:
      • - 1
    • # Of Unit Types (1): Style:
      • - Retail
    • # Of Unit Types (1): Approx. Sqft:
      • - 1600
    • # Of Unit Types (1): # Baths:
      • - 1.00
    • # Of Unit Types (1): Market Rent:
      • - 3000
    • # Of Unit Types (1): Actual Rent:
      • - $3,000.00
    • # Of Unit Types (1): Max Rent:
      • - 3000
    • # Of Unit Types (2): # Of Units:
      • - 1
    • # Of Unit Types (2): Style:
      • - Retail
    • # Of Unit Types (2): Approx. Sqft:
      • - 800
    • # Of Unit Types (2): # Baths:
      • - 1.00
    • # Of Unit Types (2): Market Rent:
      • - 2000
    • # Of Unit Types (2): Actual Rent:
      • - 2000
    • # Of Unit Types (2): Max Rent:
      • - 2000
    • # Of Unit Types (3): # Of Units:
      • - 1
    • # Of Unit Types (3): Approx. Sqft:
      • - 480
    • # Of Unit Types (3): # Baths:
      • - 1.00
    • # Of Unit Types (3): Market Rent:
      • - $950.00
    • # Of Unit Types (3): Actual Rent:
      • - 950
    • # Of Unit Types (3): Max Rent:
      • - 950
    • # Of Unit Types (4): # Of Units:
      • - 2
    • Average Sqft:
      • - 560
    • # Of Unit Types (4): # Baths:
      • - 1.00
    • # Of Unit Types (4): Market Rent:
      • - $1,250.00
    • Average Actual Rent:
      • - 1225
    • # Of Unit Types (4): Max Rent:
      • - $1,250.00
    • # Of Unit Types (5): # Of Units:
      • - 1
    • # Of Unit Types (5): Approx. Sqft:
      • - 520
    • # Of Unit Types (5): # Baths:
      • - 1.00
    • # Of Unit Types (5): Market Rent:
      • - $1,100.00
    • # Of Unit Types (5): Actual Rent:
      • - $1,100.00
    • # Of Unit Types (5): Max Rent:
      • - $1,100.00
    • # Of Unit Types (6): # Of Units:
      • - 1
    • # Of Unit Types (6): Style:
      • - Penthouse
    • # Of Unit Types (6): Approx. Sqft:
      • - 900
    • # Of Unit Types (6): # Of Bedrooms:
      • - 1
    • # Of Unit Types (6): # Baths:
      • - 1.00
    • # Of Unit Types (6): Market Rent:
      • - $2,175.00
    • # Of Unit Types (6): Actual Rent:
      • - $2,175.00
    • # Of Unit Types (6): Max Rent:
      • - $2,175.00
  • Construction
    • Age:
      • - 7 - 9
    • Number Of Stories:
      • - 3
    • Stories:
      • - 3.0
    • Details:
      • - Block
    • Details:
      • - None
    • Builder:
      • - Unknown
    • Flooring:
      • - See Remarks
    • Basement:
      • - No
    • Disability Access:
      • - Unknown
    • Lbp Disclosure:
      • - Yes
  • Lot
    • Multiple Lots:
      • - One
    • Details:
      • - Mx-m*
  • Rent
    • Tenant Pays:
      • - Other - See Remarks
    • Rental Info:
      • - Other - See Remarks
    • Unit Summary: Annualized:
      • - 140100.00
    • Unit Summary: Average Unit Size:
      • - 774.28
    • Unit Summary: Average Actual Rent:
      • - 1667.85
    • Unit Summary: Total Actual Rent:
      • - 11675.00
    • Owner Pays:
      • - Other - See Remarks
  • Utilities
    • Utilities:
      • - All City
    • Heating:
      • - Gas
    • Cooling:
      • - Refrigerated
  • Income & Expenses
    • Approx. Taxes:
      • - 2839.34
    • Tax Exemption:
      • - No
  • Miscellaneous
    • Details:
      • - Balconies / Deck
      • - No Landscaping
      • - Owners Unit
    • Appliances Included:
      • - Refrigerator
    • Days On Market:
      • - 233
    • Finance Considered:
      • - Cash
      • - Conventional

For more information on this listing, please contact...