Listing Detail for MLS: 963150
Courtesy: NM Apartment Advisors, Inc.

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

  • Price:

    • $5,732,083

  • Listing #:
    • 963150
  • Class:
    • Multi-Residential
  • Status:
    • Active
  • Type:
    • 9 Or More Units
  • Apx. SqFt:
    • 25,283
  • # of Acres:
    • 1.08
  • Lot Size:
    • 47,045
  • Year Built:
    • 1979
  • Subdivision:
    • Netherwood Park
  • Address:
    • NE Vassar Drive
  • City:
  • County:
    • Bernalillo
  • Area:
    • 40 - Unm
  • State:
    • NM
  • Zip:
    • 87106

Description

Q Vassar North is part of a larger portfolio offering of some of Albuquerque's finest apartments. This property is part of a larger portfolio that is available for a $21,595,699 or a 5.69% cap rate, but is also available individually for a cap rate of 5.465 based on April 2020 to April 2021 rents at market.
  • Units
    • Owner Occupant Unit:
      • - Yes
    • Total # Of Buildings:
      • - 1
    • # Of Units:
      • - 32.00
    • Unit Summary: Total Units:
      • - 32
    • # Of Unit Types (1): # Of Units:
      • - 26
    • # Of Unit Types (1): Approx. Sqft:
      • - 775
    • # Of Unit Types (1): # Of Bedrooms:
      • - 2
    • # Of Unit Types (1): # Baths:
      • - 1.00
    • # Of Unit Types (1): Market Rent:
      • - 1096
    • # Of Unit Types (1): Actual Rent:
      • - $1,096.00
    • # Of Unit Types (1): Max Rent:
      • - 1096
    • # Of Unit Types (2): # Of Units:
      • - 4
    • # Of Unit Types (2): Style:
      • - Corporate Suites
    • # Of Unit Types (2): Approx. Sqft:
      • - 775
    • # Of Unit Types (2): # Of Bedrooms:
      • - 2
    • # Of Unit Types (2): # Baths:
      • - 1.00
    • # Of Unit Types (2): Market Rent:
      • - 1550
    • # Of Unit Types (2): Actual Rent:
      • - 1550
    • # Of Unit Types (2): Max Rent:
      • - 1550
    • # Of Unit Types (3): # Of Units:
      • - 2
    • # Of Unit Types (3): Approx. Sqft:
      • - 1050
    • # Of Unit Types (3): # Of Bedrooms:
      • - 3
    • # Of Unit Types (3): # Baths:
      • - 2.00
    • # Of Unit Types (3): Market Rent:
      • - $1,413.00
    • # Of Unit Types (3): Actual Rent:
      • - 1413
    • # Of Unit Types (3): Max Rent:
      • - 1413
  • Construction
    • Age:
      • - 31 - 40
    • Number Of Stories:
      • - 2
    • Stories:
      • - 2.0
    • Details:
      • - Frame
    • Details:
      • - Stucco
    • Builder:
      • - Reeves
    • Flooring:
      • - Vinyl
    • Basement:
      • - No
    • Disability Access:
      • - Unknown
    • Lbp Disclosure:
      • - No
  • Lot
    • Details:
      • - R-2
  • Rent
    • Tenant Pays:
      • - Other - See Remarks
    • Rental Info:
      • - Other - See Remarks
    • Unit Summary: Annualized:
      • - 450264.00
    • Unit Summary: Average Unit Size:
      • - 792.18
    • Unit Summary: Average Actual Rent:
      • - 1172.56
    • Unit Summary: Total Actual Rent:
      • - 37522.00
    • Owner Pays:
      • - Other - See Remarks
  • Utilities
    • Utilities:
      • - Electricity Connected
      • - Phone Connected
      • - Sewer Connected
    • Heating:
      • - Other - See Remarks
    • Cooling:
      • - Other - See Remarks
  • Income & Expenses
    • Approx. Taxes:
      • - 13844.42
    • Tax Exemption:
      • - No
  • Miscellaneous
    • Details:
      • - Owners Unit
      • - Walled Complex
    • Appliances Included:
      • - Refrigerator
    • Days On Market:
      • - 37
    • Finance Considered:
      • - Cash
      • - Conventional

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