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    5817 Central Avenue NW

    Albuquerque, NM 87105
    • $775,490
    • STATUS: Active
    • ON SITE: 13 days
    • MLS #: 976995
    UPDATED: 79 min ago
    $775,490
    • 1
      BEDS
    • 0.75
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,150
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    Description

    This property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and information to make for a smooth transaction.Located on historic Route 66, and part of the West Route 66 Renaissance from the new Route 66 visitors center to the under construction Amazon distribution facility and located along the $130M investment in Albuquerque future of mass transit - the A.R.T. (Albuquerque Rapid Transit). This community is walking distance to retail, restaurants and two different A.R.T. transit stops.The list price is $775,490, with an average rent of $599, measures of investment performance include a GRM of 7.71, a before reserves cap rate of 6.88% and an after tax Internal Rate of Return (IRR) of 18.40%..

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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 The Bigelow Team | Red Fox Realty. Data last updated: 2020-09-27T22:04:49.337.
    www.bigelowrealestateteam.com/homes/109982656
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    5817 Central Avenue NW Albuquerque, NM 87105

    • Price: $775,490
    • Status: Active
    • Updated: 79 min ago
    • MLS #: 976995
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.75
    Acres
    8,150
    SQFT
    $95
    $/SQFT
    1980
    Built
    Neighborhood:
    Atrisco Grant
    County:
    Bernalillo
    Area:
    111 - Ladera Heights
    Property Description
    This property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and information to make for a smooth transaction.Located on historic Route 66, and part of the West Route 66 Renaissance from the new Route 66 visitors center to the under construction Amazon distribution facility and located along the $130M investment in Albuquerque future of mass transit - the A.R.T. (Albuquerque Rapid Transit). This community is walking distance to retail, restaurants and two different A.R.T. transit stops.The list price is $775,490, with an average rent of $599, measures of investment performance include a GRM of 7.71, a before reserves cap rate of 6.88% and an after tax Internal Rate of Return (IRR) of 18.40%..
    Exterior Features

    Construction Materials Frame Exterior Features Landscaping

    Interior Features

    Appliances Refrigerator Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Electric None Electric On Property YN No Flooring TileVinyl Heating CentralForced Air Heating YN Yes

    Property Features

    Builder Name Unknown Building Area Total 8150 Community Features Playground Disclosures Ranm 2100 Disclosure Gross Income 95600 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 42217 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 4109 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-Ml*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 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 The Bigelow Team | Red Fox Realty. Data last updated: 2020-09-27T22:04:49.337.
     
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    The Bigelow Team | Red Fox Realty
    Albuquerque NM,