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317 15Th Street NW,Albuquerque NM, 87104

Status: Active
MLS#: 877171
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Berkshire Hathaway HomeServices New Mexico Properties
(505) 798-6300

Last Updated: 2/27/2017 4:19 PM
Description for 317 15Th Street NW Albuquerque, NM 87104
High end fourplex and downtown millennial dream - Renovated top to bottom - owner has made amazing changes to the property that must be seen to appreciate. New kitchens, new bathrooms, new flooring, new HVAC, new tankless water heaters, new finishes, private courtyard, stackable washer/dyers and a walk score of 83, transit score of 48, and bike score of 89!Average rents of $975 are still below market of $1,139 and offers 6.40% Cap rate on actuals, 7.80% cap rate on proforma. Potential Before Tax IRR of 19.8%, After Tax of 15.6%.Property is part of the NW quadrant apartment tour - this coming Tuesday, at 1pm
Listing Information
Property Type: Fourplex, Other
Bernalillo 0.16 Acres
1965 Block, Frame
Perea Add
4 Total
Room Information
Interior Features
Forced Air
Washer/dryer Hookup
Exterior / Lot Features
Financial Considerations
Listing Price History for 317 15Th Street NW

Albuquerque Real Estate

Albuquerque is located in New Mexico. Albuquerque, New Mexico 87104 has a population of 559,121.

The median household income in Albuquerque, New Mexico 87104 is $47,413. The median household income for the surrounding county is $48,390 compared to the national median of $53,482. The median age of people living in Albuquerque 87104 is 35.6 years.

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Courtesy: NM Apartment Advisors, Inc. 505-440-8633
The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed.

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(505) 798-6300

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