415 Marquette Ave NE, Albuquerque, NM 87102
Commercial property for lease
- Description
- House + fourplex in historic Martineztown, just south of EDO, east of Innovation district of downtown Albuquerque. Property has a high walk score (82), transit score (57), and bike score (84).Measures of investment performance include: on Actual average rents of $825, GRM of 10, 6.0% after reserves CAP rate, before tax IRR of 17.3% and after tax IRR of 13.60%.Recent comparable sales and competing available properties indicates a value orange of $541,295 - $553,821.Gated community - do not disturb residents, register for confidential documents at www.nmapartment.com/marq415 Building price details: $495,000.
- Contact info
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Todd ClarkeNM Apartment Advisors, Inc.
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Lot Size: 0.220 Acres Number of Stories: 2 Year Built: 1944 Submarket: Low-Rise/Garden MSA: Albuquerque Zoning: SU-1 - Special Use Zone Buildings: 3 Terms: Cash to Seller Added: 04/05/2018