$1,150,000

316 Princeton Drive Se , Albuquerque, NM 87106

 
Bedrooms:1 beds
Bathrooms:0 baths
Residential:0 sqft
Lot:0.16
Year Built:1977
Listing Status:Active

Listing Agent

Santiago Aceves
http://www.buyandsellnmhomes.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

Currently a 6% Market Cap Opportunity in the heart of the University Area! Owner asking less than $96k/Unit!!! This complex offers 12 units; 6 (1 bedroom floor plans) & 6 (studio floor plans) each with patio space located in a single 2-story building with 18 covered parking spaces. Capital Improvements:Each unit has been updated with tile or laminate and mini-split units. Newer roof installed in 2023. All current rents are below market rents and present an investor with a potential 8.5% Cap if rents are brought up to current market pricing. INDIVIDUAL UNITS NOT FOR SALE.

Detailed Items

Other Information

316 Princeton Drive Se, Albuquerque, NM, 87106 is a residential listing of 0 sqft on a lot of 0.16. This residential listing has 1 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property316 Princeton Drive Se, 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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