933,937,941,945 Louisiana SE, Albuquerque, NM 87108
Commercial property for lease
- Description
- Rare opportunity to own four contiguous units! Well maintained, all brick, pitched roof triplexes offered together with 937, 941 & 945 Louisiana SE for a total of 12 units! Large two bedroom, one bath units with hard wood floors (some covered with carpet). All units have central heating and evaporative cooling. 100% occupied. This building has brick fire places in the two end units. Each building has tenant storage lockers and four covered parking spaces. At current improvable rents 11% Cash on Cash Return, GRM of 9.7 and CAP rate of 7.6% (Owner supplied data). Owner wishes to sell all four buildings (12 units) together but will consider selling two adjacent triplexes together. Offer subject to inspection/walk through. Please do not walk property or disturb tenants. Building price details: $930,000.
- Exterior Features
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Parking: Yes Parking Spaces: 16 Parking Type: Surface - Contact info
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Bill ReedABQ Properties
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Number of Stories: 1 Year Built: 1958 Submarket: Low-Rise/Garden, Other MSA: Albuquerque Zoning: R-MH - Residential: Multi-family High Density Buildings: 4 Broadband Internet: Cable, DSL Construction: Brick Terms: Cash to Seller, Purchase Money Mortgage Added: 08/28/2019