$579,429

12229 Menaul Boulevard Ne , Albuquerque, NM 87112

 
Bedrooms:3 beds
Bathrooms:0 baths
Residential:3,107 sqft
Lot:0.19
Year Built:1977
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

Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.

Detailed Items

Other Information

12229 Menaul Boulevard Ne, Albuquerque, NM, 87112 is a residential listing of 3,107 sqft on a lot of 0.19. This residential listing has 3 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property12229 Menaul Boulevard 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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