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    6116 Central Avenue SW

    Albuquerque, NM 87105
    • $492,172
    • STATUS: Active
    • ON SITE: 143 days
    • MLS #: 972029
    UPDATED: 74 min ago
    $492,172
    • 0
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,664
      SQFT
    • $106
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    If you have high rate of return investor - this is the deal for them - 6116 Central SW - 11 units - recently renovated and in lease up stage.Back on the market, this property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and provided virtual tours of the current as-is condition. Remember it's a value-add deal. The flyer contains rent roll summary, APOD, 5 year internal rate of return projection, comparable sales, property management info, summary of the $130,000 in upgrades, an inspection summary, photos, floorplans, and update on the impact of the Corona-Virus on the apartment investment marketplace.The list price is $492,172, with an average rent of $557, measures of investment performance include a GRM of 6.70, a before reserves cap r

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    IDX information © 2020 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: 2020-11-29T08:04:49.21.
    www.metrohomesearch.com/homes/107623549
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    6116 Central Avenue SW Albuquerque, NM 87105

    • Price: $492,172
    • Status: Active
    • Updated: 74 min ago
    • MLS #: 972029
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    4,664
    SQFT
    $106
    $/SQFT
    1950
    Built
    Neighborhood:
    Atrisco Land Grant
    County:
    Bernalillo
    Area:
    92 - Southwest Heights
    Property Description
    If you have high rate of return investor - this is the deal for them - 6116 Central SW - 11 units - recently renovated and in lease up stage.Back on the market, this property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and provided virtual tours of the current as-is condition. Remember it's a value-add deal. The flyer contains rent roll summary, APOD, 5 year internal rate of return projection, comparable sales, property management info, summary of the $130,000 in upgrades, an inspection summary, photos, floorplans, and update on the impact of the Corona-Virus on the apartment investment marketplace.The list price is $492,172, with an average rent of $557, measures of investment performance include a GRM of 6.70, a before reserves cap r
    Exterior Features

    Construction Materials Frame Stories Total 1

    Interior Features

    Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Electric None Electric On Property YN No Flooring TileVinyl Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN Yes Builder Name Unknown Building Area Total 4664 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 69836 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 34170 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 2673 Utilities Electricity ConnectedSewer ConnectedWater AvailableWater Connected Water Source Community/Coop Zoning Description Mx-M*

    Listing courtesy of T & C Management, Llc. © 2020 Southwest Multiple Listing Service, Inc.


    IDX information © 2020 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: 2020-11-29T08:04:49.21.
     
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    Campbell & Campbell Real Estate Services
    5716 Osuna Rd NE
    Albuquerque NM, 87109