1300 &1304 Coal SW, Albuquerque, NM 87102
Commercial property for lease
- Description
- Two four plexes in downtown Albuquerque - hardwood floors, attractive interiors, although the Seller is interested in selling all 8 units at the same time, the Seller is open to selling each fourplex separately, with the intention of having a similar closing timeframe for each buyer to allow the Seller to complete a 1031 exchange. Measures of investment performance: 6.34% Cap rate, 8.18% cash on cash, 21.2% before tax IRR and 17.1% after tax IRR.Located just west of downtown Albuquerque, east of the historic Albuquerque Country Club neighborhood north of the Rio Grane Zoo/BioPark and south of Old Town Albuquerque, this location has a walk score of 72, transit score of 45, and bike score of 94. Building price details: $666,000.
- Contact info
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Todd ClarkeNM Apartment Advisors, Inc.
- Note
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- Property Details
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Building Name: Coal Fourplexes Property Type: Commercial (Other) Status: Available Lot Size: 0.300 Acres Number of Stories: 1 Year Built: 1940 Submarket: Duplex/Fourplex MSA: Albuquerque Zoning: SU-2 - Special Neighborhood Zone Buildings: 4 Terms: Cash to Seller Added: 12/16/2017