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Jeanette Raver & Raver Team

8500 Menaul Blvd NE, Suite A-400
Albuquerque, New Mexico 87112
505-554-2213
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Listing 25 out of 1,982
$329,990 For Sale

139 & 143 General Arnold Street NE
Albuquerque, NM 87123

8 units | Multi Family Home
14810 sq ft - MLS# 931188
Property Photo
1/7

Description

Kyle Berkshire of T&C Management and Brokerage brings to the market a great opportunity to acquire Two 4-Plexes with a shared courtyard in a high occupancy area of NE Albuquerque. All 8 units include tile throughout, and large courtyard for activities and landscaping. Current Financial Analysis indicates an 8% Cap rate at below market rents. Contact Kyle today for more Info!

DIRECTIONS: From Central And Wyoming, East On Central, Left/North On General Arnold, Property On Right

Features

  • Property Type: Multi Family Home
  • Sub Type: 8 Units
  • Listing Status: Active
  • County/Area: Bernalillo County
  • Zip Code: 87123
  • Year Built: 1956
  • Age: 61 - 70
  • Sq.Ft.: 6,120 sq ft
  • Stories: 1
  • Units: 8 units
  • # of Parking Spaces: 1.50
  • Lot Size: 14810 sq ft
  • Zoning: MX-T*
  • 5+ Units: Yes
  • Amenities: Balconies/Deck, Outside Lights, Security Gate, Some Landscaping, Walled Complex
  • Appliances included: Fan/Hood, Frestnd Elec Stv/Ovn, Refrigerator
  • Builder: Unkown
  • Construction: Frame
  • Cooling: Evaporative
  • Exterior Material: Brick Veneer, Stucco
  • Flooring: Tile
  • Heating: Gas
  • Lot SqFt: 15002
  • Metering: Individual Electric, Individual Gas
  • Miscellaneous Info: No Sign, Package
  • Operating Expenses: Call Listing Broker
  • Owner Pays: Sewer, Trash Removal, Water
  • Parking: 1.5 Spaces Per Unit
  • Roof: Pitched, Shingle
  • Tenant Pays: Electric, Gas
  • Total # of Buildings: 2
  • Unit 1: 1, 1-Bed, 1-Bath
  • Unit 2: 1, 1-Bed, 1-Bath
  • Unit 3: 3, 1-Bed, 1-Bath
  • Unit 4: 3, 1-Bed, 1-Bath
  • Unit Summary: Annualized: 48360
  • Unit Summary: Average Actual Rent: 503.75
  • Unit Summary: Average Unit Size: 725
  • Unit Summary: Total Actual Rent: 4030
  • Unit Summary: Total Units: 8
  • Utilities: All City
Courtesy of T & C Management, Llc, Kyle J Berkshire, (505) 268-1181



Jeanette Raver and The Raver Team
8500 Menaul Blvd NE, Suite A-400
Albuquerque, NM 87112
Office: 505-554-2213
Email: jeanette@raverteam.com

Testimonials

My experience with Jeanette was wonderful. She was there to walk me through the stressful process from start to finish. You cannot say that about most realtors these days. Jeanette treated me more like a friend then a client. If you are looking to sell, buy, or sell and buy a home, I would look no further. She is honestly the most trustworthy realtor I have come by. Previous Client
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