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    1117 Louisiana Boulevard SE

    Albuquerque, NM 87108
    • $346,027
    • STATUS: Active
    • ON SITE: 36 days
    • MLS #: 995016
    UPDATED: 16 min ago
    $346,027
    • 2
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,472
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    Description

    New flooring, colors that pop, new cabinets, a farm sink that is embedded in new Corian counter tops, USB charging ports, a drop center (for your purse, wallet, keys, backpack, etc.), washer/dryer hookups, private synthetic grass covered back yard, storage space and update finishes throughout this amazing apartment. The property ask price of $346,027 is $115,342 per unit, $139.98 per square foot, a before reserves cap rates of 5.29%, a 5.22% cash on cash and an after tax IRR of 17.40%.Average rents are $752, with the owner occupant unit available for $1,000. If all three units are raised to market - the measure of investment performance improve to a cap rate of 7.36% and a cash on cash of 13.49%.The major amenity in this area is to be located across the street from the entranc

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    IDX information © 2021 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2021-07-30T12:04:55.38.
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    1117 Louisiana Boulevard SE Albuquerque, NM 87108

    • Price: $346,027
    • Status: Active
    • Updated: 16 min ago
    • MLS #: 995016
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,472
    SQFT
    $140
    $/SQFT
    1978
    Built
    Neighborhood:
    Elder Homestead
    County:
    Bernalillo
    Area:
    71 - Southeast Heights
    Property Description
    New flooring, colors that pop, new cabinets, a farm sink that is embedded in new Corian counter tops, USB charging ports, a drop center (for your purse, wallet, keys, backpack, etc.), washer/dryer hookups, private synthetic grass covered back yard, storage space and update finishes throughout this amazing apartment. The property ask price of $346,027 is $115,342 per unit, $139.98 per square foot, a before reserves cap rates of 5.29%, a 5.22% cash on cash and an after tax IRR of 17.40%.Average rents are $752, with the owner occupant unit available for $1,000. If all three units are raised to market - the measure of investment performance improve to a cap rate of 7.36% and a cash on cash of 13.49%.The major amenity in this area is to be located across the street from the entranc
    Exterior Features

    Construction Materials Frame Exterior Features Patio Levels One Parking Total 4 Patio And Porch Features Patio Stories Total 1

    Interior Features

    Appliances DishwasherFree-Standing Electric RangeRefrigeratorRange Hood Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Vinyl Heating CentralForced Air Heating YN Yes Laundry Features Washer HookupDryer HookupIn Unit

    Property Features

    Additional Parcels YN Yes Builder Name Unknown Building Area Total 2472 Community Features PatioStorage Facilities Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 26277 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 8095 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 1831 Tenant Pays OtherSee Remarks Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Campbell & Campbell Real Estate Services. Data last updated: 2021-07-30T12:04:55.38.
     
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    Campbell & Campbell Real Estate Services
    5716 Osuna Rd NE
    Albuquerque NM, 87109