220 General Stilwell Street Ne Albuquerque, NM 87123

4 Units
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$437,668 Est. $1,612 / mo.*
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Property Type: Quadruplex
Status: Active
Year Built: 1977
Neighborhood: Waggonman Denison Addition
Days on Website: 17

Courtesy of NM Apartment Advisors, Inc..

Description

Each of the units are two bedroom one bathroom units in a two up, two down format that include an onsite laundry that is leased from CSC.At the current average rents of $925, and an ask price of $437,668 the measures of investment performance include a price per unit of $109,417, price per square foot of $136.77, a GRM of 9.86, an after reserves cap rate of 6.54%.If rents are raised to the market average of $1,075, the measures of investment performance improve to a before reserves cap rare of 7.79%.This community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation & rent

Open House

Property Details and Features

  • Description: Refrigerator
  • Total Bathrooms: 2
  • Area: 3002
  • Building Area: 3002
  • Construction Materials: Frame,Stucco
  • Levels: Two
  • Year Built: 1977
  • Details: EvaporativeCooling
  • Flooring: Carpet,Tile,Vinyl
  • Heating: Central,ForcedAir
  • Days on Market: 6
  • Listing Price: 437668
  • Status: Active
  • Address: 220 General Stilwell Street NE
  • Area: 50 - Northeast Heights
  • City: Albuquerque
  • State: NM
  • Zip: 87123
  • County: Bernalillo
  • Subdivision: Waggonman Denison Addition
  • Directions: From Central and Wyoming, east to General Stilwell, north to the property.
  • Acres: 0.17
  • Size: 0
  • Size Source: PublicRecords
  • Parking Total: 6
  • Utilities: ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected

Location

$437,668 - 220 General Stilwell Street Ne, Albuquerque, NM 87123
220 General Stilwell Street Ne Albuquerque, NM 87123
Address: 220 General Stilwell Street NE

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