Listing Detail for MLS: 954338
Courtesy: NM Apartment Advisors, Inc.

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

  • Price:

    • $7,700,000

  • Listing #:
    • 954338
  • Class:
    • Multi-Residential
  • Status:
    • Active
  • Type:
    • 9 Or More Units
  • # of Acres:
    • 0.72
  • Lot Size:
    • 31,363
  • Year Built:
    • 2019
  • Subdivision:
    • Gentry Add
  • Address:
    • Fourth Street
  • City:
  • County:
    • Bernalillo
  • Area:
    • 101 - Near North Valley
  • State:
    • NM
  • Zip:
    • 87107

Description

NM Apartment Advisors is excited to share with you our newest listing from the architect/development team of Scott Anderson and J&S Development. Located in the heart of the north valley along Albuquerque's original Route 66 and at 3308 Fourth NW, this brand new construction apartment community offers an amazing chance to own a brand new investment property in an underserved sub-market.Welcome to the future - Cascade Crossing apartments represent what Albuquerque's new IDO zoning allows - higher density, mixed use, covered gated parking and more.Currently in the finishing stages of construction. The property offers elevator service, covered parking spaces, common trash chutes, community library area, and units with w/d hookups, granite counter tops, plank flooring, walk-in clos
  • Units
    • Owner Occupant Unit:
      • - No
    • Total # Of Buildings:
      • - 1
    • # Of Units:
      • - 53.00
    • Unit Summary: Total Units:
      • - 53
    • # Of Unit Types (1): # Of Units:
      • - 12
    • # Of Unit Types (1): Approx. Sqft:
      • - 600
    • # Of Unit Types (1): # Of Bedrooms:
      • - 1
    • # Of Unit Types (1): # Baths:
      • - 1.00
    • # Of Unit Types (1): Market Rent:
      • - 900
    • # Of Unit Types (1): Actual Rent:
      • - $900.00
    • # Of Unit Types (1): Max Rent:
      • - 900
    • # Of Unit Types (2): # Of Units:
      • - 14
    • # Of Unit Types (2): Approx. Sqft:
      • - 800
    • # Of Unit Types (2): # Of Bedrooms:
      • - 1
    • # Of Unit Types (2): # Baths:
      • - 1.00
    • # Of Unit Types (2): Market Rent:
      • - 960
    • # Of Unit Types (2): Actual Rent:
      • - 960
    • # Of Unit Types (2): Max Rent:
      • - 960
    • # Of Unit Types (3): # Of Units:
      • - 24
    • # Of Unit Types (3): Approx. Sqft:
      • - 925
    • # Of Unit Types (3): # Of Bedrooms:
      • - 2
    • # Of Unit Types (3): # Baths:
      • - 2.00
    • # Of Unit Types (3): Market Rent:
      • - $1,110.00
    • # Of Unit Types (3): Actual Rent:
      • - 1110
    • # Of Unit Types (3): Max Rent:
      • - 1110
    • # Of Unit Types (4): # Of Units:
      • - 2
    • # Of Unit Types (4): Style:
      • - Ada
    • Average Sqft:
      • - 1200
    • # Of Unit Types (4): # Of Bedrooms:
      • - 2
    • # Of Unit Types (4): # Baths:
      • - 2.00
    • # Of Unit Types (4): Market Rent:
      • - $1,295.00
    • Average Actual Rent:
      • - 1295
    • # Of Unit Types (4): Max Rent:
      • - $1,295.00
    • # Of Unit Types (5): # Of Units:
      • - 1
    • # Of Unit Types (5): Style:
      • - Commercial
    • # Of Unit Types (5): Approx. Sqft:
      • - 1000
    • # Of Unit Types (5): # Baths:
      • - 1.00
    • # Of Unit Types (5): Market Rent:
      • - $1,000.00
    • # Of Unit Types (5): Actual Rent:
      • - $1,000.00
    • # Of Unit Types (5): Max Rent:
      • - $1,000.00
  • Construction
    • Age:
      • - <1
    • Number Of Stories:
      • - 5
    • Stories:
      • - 5.0
    • Details:
      • - Frame
      • - Masonry
    • Details:
      • - Stucco
    • Builder:
      • - J&s Development
    • Flooring:
      • - Vinyl
    • Basement:
      • - No
    • Disability Access:
      • - Yes
    • Lbp Disclosure:
      • - No
  • Lot
    • Multiple Lots:
      • - One
    • Details:
      • - Mx-t*
  • Rent
    • Tenant Pays:
      • - Other - See Remarks
    • Rental Info:
      • - Other - See Remarks
    • Unit Summary: Annualized:
      • - 653640.00
    • Unit Summary: Average Unit Size:
      • - 830.18
    • Unit Summary: Average Actual Rent:
      • - 1027.73
    • Unit Summary: Total Actual Rent:
      • - 54470.00
    • Owner Pays:
      • - Other - See Remarks
  • Utilities
    • Utilities:
      • - Electricity Connected
      • - Natural Gas Connected
      • - Phone Connected
      • - Water Connected
    • Heating:
      • - Electric
    • Cooling:
      • - Central Air
  • Income & Expenses
    • Approx. Taxes:
      • - 2771.80
    • Tax Exemption:
      • - No
  • Miscellaneous
    • Details:
      • - Wshr / Dryr Hu In Unit
    • Appliances Included:
      • - Refrigerator
    • Days On Market:
      • - 159
    • Finance Considered:
      • - Cash
      • - Conventional

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