2805 Muriel St NE

Albuquerque, NM 87112 | 0.1 Acres / 2,920 SF | Investment Property Sold

$253,000.00


SOLD: 100% Occupied Four-Plex | Desirable NE Heights Location | Below Market Rents | 2805 Muriel St NE

Investment Property Sold

Price $253,000.00
Size 0.1 Acres / 2,920 SF

Additional Information

2805 Muriel St NE
100% Occupied Four-Plex
Desirable NE Heights Location
Below Market Rents

 

Offering Summary

  • Actual Sale Price: Not Disclosed
  • Asking Price: $253,000
  • Asking Cap Rate: 6.50%

 

Investment Highlights

  • Building Size: +/- 2,920 SF
  • Land Size: +/- 0.13 acres
  • Unit Mix: (4) 2 bedroom, 1 bath
  • Average Unit Size: +/- 730 SF
  • Separately metered gas and electricity
  • Below market rents
  • Central Location
  • Located near the major intersection of Juan Tabo and Candelaria
  • Close proximity to many amenities

Location

Cole Flanagan, CPA, MBA

Partner
505.338.4107

Jake Mechenbier

Senior Advisor
505.338.4186

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