$453,550

530 Tennessee Street Ne , Albuquerque, NM 87108

 
Bedrooms:2 beds
Bathrooms:0 baths
Residential:3,592 sqft
Lot:0.16
Year Built:1985
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

Each unit contains a large two bedroom, one bathroom unit with fireplace and each building has a laundry facility. A recently vacated unit is available for an owner-occupant and with an ask price of the current average rents of $1,050, and an ask price of $453,550 the measures of investment performance include a price per unit of $113,387, price per square foot of $126.27, a GRM of 9.00, an after reserves cap rate of 6.50%.If rents are raised to the market average of $1,300, the measures of investment performance improve to a before reserves cap rare of 8.47%.The property is well located at 530 Tennessee NE and is close to grocery stores, Uptown, University area and so much more. The property is also across the street from the Mesa Verde park and the Community Center

Detailed Items

Other Information

530 Tennessee Street Ne, Albuquerque, NM, 87108 is a residential listing of 3,592 sqft on a lot of 0.16. This residential listing has 2 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property530 Tennessee Street Ne, Albuquerque, NM
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