$650,000

12100 Candelaria Road Ne , Albuquerque, NM 87112

 
Bedrooms:2 beds
Bathrooms:0 baths
Residential:3,318 sqft
Lot:0.3
Year Built:1989
Listing Status:Active

Listing Agent

Todd Clarke
http://www.nmapartment.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

The property contains four, large one-story courtyard style apartment homes with unique, very private backyards and patio spaces. Each apartment is also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the east, 12120 Candelaria NE which will be available for sale at $750,000, after 12100 Candelaria NE closes. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $650,000 and average rents of $1,125 are a GRM of 12.04, a 6.19% cap rate, $162,500 per unit.Assuming a new loan with a 25% down payment, an interest rate of 6.25% and 30 year amortization, an owner can live on the property for as little $82

Detailed Items

Other Information

12100 Candelaria Road Ne, Albuquerque, NM, 87112 is a residential listing of 3,318 sqft on a lot of 0.3. This residential listing has 2 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property12100 Candelaria Road Ne, Albuquerque, NM
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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