Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.
Courtesy: EXP Realty LLC
505-639-1266
Introducing West Paseo Land for Development near Ventana Ranch! This parcel is perfectly situated for a variety of development opportunities. It's prime location, at Paseo de Norte by Del Oeste Drive NW, is just 1/2 mile west of Ventana Ranch and spans 4.85 acres with a listing price of $748,800.
Courtesy: Re/Max Exclusive
505-480-1627
2 Homes on large lot. Both have backyard access, 1st is a 3 bedroom, 1 3/4 bath and 2nd home is a 2 bedroom, 1 Bath. Both homes are FULLY REMODELED, including New Roofs, Windows, Water heaters, flooring, Paint, Fixtures, New double sided wall heater in Casita and large unit has newer heater. Newer swamp cooler in large unit and Large window A/C unit in the Casita. Electrical updated, New gas lines, Great for a large family or investment. Won't last long. Come see this beauty! Live in 1 & rent out the other and have the Casita pay half your Mortgage!!!
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Do not miss out on this rare value add opportunity to buy a renovated property with rents 29% below market and a below market interest rate loan with appraisal at $930,000 as-is today, and renovated, raised rents appraisal of $1,070,000). Rents have increased 6% this year and are scheduled to increase from $783 to $906 by November 1st, 2024.Measures of investment performance with an average rent of $783 and an ask price of $930,000 include $77,500 per unit , $122.47/sf, 6.91% cap rate, and an after tax IRR of 10.8%.This 12 unit community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appre
Courtesy: Affordable Realty Services Inc
505-889-4565
Located in an established NE neighborhood this 2 bedroom, 1 bath home has a huge living room with high ceiling, lots of windows, three ceiling fans and gas fireplace. There is a second smaller living area that could be used as den/home office or study. Home has detached guest house with divided living and sleeping area, bathroom and kitchenette. Guest house has refrigerated air and heat pump. Front yard has xeriscape, shrubs and tree. Fenced backyard has English Ivy/Silver Lace walls, lawn, shrubs, tree and large patio, storage building and gated access from alley. Main house has new water heater (March 2024) and mini-split heating/cooling in main living room (April 2024).
Courtesy: RE/MAX SELECT
505-238-9195
Beautiful well maintained home on .28 Acre . The home was completely remodeled about 2005 which included Metal Roof , Heating and Cooling combo unit, Pella Windows , Updated Kitchen with appliances and Granite Counter tops, Travertine Tile , Updated baths . Stucco about 7 yrs , Painted through out . And much more . Total of 4 car garages and 259 sq. ft. shop . Private and peaceful road .
Courtesy: The M Real Estate Group
505-573-6185
Motivated!! Motivated Motivated!! Sellers. The last vacant lot in the Sonora Subdivision. Prime CUL-DE-SAC location!! The biggest lot size with .18 of an acre. Perfect for building your dream Home. No utilities on the property.--Under Contract- taking back up Offers---
Courtesy: Excel Realty Pros LLC
505-228-1567
Amazing opportunity! All the work has been done for you! Fully rehabbed in 2020, with the addition of a Casita. All new, flooring, electrical, windows, doors, fixtures, water heater, etc. **NEW ROOF** August 2023. Backyard fully fenced and separated so each have their own fenced yard. Both house and casita are fully rented, great investment opportunity or great multi-family home. Added Bonus - Located in an Opportunity Zone!
Courtesy: Excel Realty Pros LLC
505-228-1567
Amazing opportunity! All the work has been done for you! Fully rehabbed in 2020, with the addition of a Casita. All new, flooring, electrical, windows, doors, fixtures, water heater, etc. **NEW ROOF** August 2023. Backyard fully fenced and separated so each have their own fenced yard. Both house and casita are fully rented, great investment opportunity or great multi-family home. Added Bonus - Located in an Opportunity Zone!
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Units are separately metered - gas and electric. Units A and B share a private, recently updated laundry room. 421 1/2 has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add.Measures of investment performance at ask price of $532,190 and current average rent of $1,255 are a GRM of 12.14, a 5.89% cap rate, $177,397 per unit, 286/sf and an after tax IRR of 13.8%. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one
Courtesy: ERA Summit
505-573-7258
Spacious single-level living! Come see this beautiful one-owner home built in 2011, it overlooks the foothills and has many trails and parks nearby. The front and backyard are both xeriscaped for energy savings. Inside you'll find an open floorplan with a large living room, kitchen, large pantry with a comfortable dining area. The office opens up with glass-paned french doors to allow a quiet work space. Down the hall you'll find a private master with an en-suite featuring a jetted tub, glass shower, and private water closet. The closet offers plenty of space for storage. Down the hall, you will find a deep linen closet and coat closet, which leads you the the 2 bedrooms and full bathroom. Each room is well lit with large windows and offers an abundance of closet space.You will find
Courtesy: Coldwell Banker Legacy
505-280-0855
Courtesy: Maddox & Co/REALTORS
505-270-5798
Prime downtown location ready to build. Lots already subdivided, ideal for townhouses. All utilities in street. Zoned R-ML. Both lots being sold together.
Courtesy: Keller Williams Realty
505-804-2139
Courtyard with gate house entrance. Contemporary meets classic with Los Ranchos luxury build. Only 5 sites available--get 1st pick now! Enter thru gate house to sun-lit courtyard. Casita suite boasts private entry w/ ensuite & walk-in closet. 3 generously proportioned spare rooms w/ walk-in closets & ensuite baths. Primary suite is a private retreat complete w/ hidden safe room, boutique closet, spa ensuite w/ walk-in shower, soaking tub, & dual vanities. Floor to ceiling windows capture panoramic views. 3-car garage. Gourmet kitchen w/ waterfall island, wet bar, electric fireplace, custom lighting, & covered porch w/outdoor kitchen are just a few of the luxury amenities waiting for you in this 4,316 sq. ft. dream home!
Courtesy: Ida Kelly Realtors
505-991-2739
Spectacular Building Lot In High Desert with Mountain and City Views in the Coveted Wilderness Area! * 12,000 SF Building Envelope Immediately Off the Cul-De-Sac * Beautiful Protected View Corridors * Thoughtful Planning of Lots/Building Envelope by Original Developers for View Preservation * Build Your Dream Home In The Sandia Foothills * Approximately a Quarter Mile to the Michael Emery Trailhead and Access to 2500+ Acres of the Sandia Foothills Open Space with Miles of Trails * Seller Willing to Owner Finance
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
Employment in this area is on a uphill trajectory due to the recent expansion of Netflix, Intel, Amazon and Northrop Grumman which recently moved into its new office building a few blocks away.Measures of investment performance at ask price of $963,138 and current average rent of $917 are a GRM of 8.75, a 5.98% cap rate, $96,314 per unit, $128.42/sf. Rents have increased 13.7% in the last year.If rents are raised to the market of $1,075, the measures of investment performance improve to a cap rate of 7.37%.The prior owner remodeled the property with new soffits, new windows, synthetic stucco, new solid laminate flooring, updated lighting, updated electrical, as well as replacing some of the hot water heaters, and new central forced air furnaces.
Courtesy: EXP Realty LLC
505-503-5658
Welcome to this versatile commercial property, located in the heart of downtown and boasting excellent visibility and high traffic volume. This former restaurant space has been recently renovated and repurposed as a cannabis dispensary.Featuring restaurant hoods still in place and a spacious walk-in cooler, this property can easily be converted back into a restaurant This property has a tenant and is being sold as an investment with an 8% return.
Courtesy: Coldwell Banker Legacy
Bulk package sale of almost 75 ACRES of assorted tracts in the general area. Eight Tracts-One 20 AC, five 10 AC tracts and two 2.34 AC . Most not adjacent. Seller will finance with built in releases as needed. Or seller open to partial or full exchanges OR will trade up into something else and add money!!SEE Legal descriptions in DOCUMENTS section.
Courtesy: EDO Spaces, LLC
505-991-2197
This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Upstairs in this 3-story brick building are 10 residential condos. The building has been fully occupied for a decade, and has been managed by EDo Spaces. Current tenants are Nuve Salon (since 2020), Spaces (since 2009), and EDo Storage (since 2012). Tenants are responsible for their own electricity, janitorial, and all non-structural repairs to the space and its equipment, including glass damage. Owner pays condo dues (which include building insurance, water-sewer-trash-recycling, and common area maintenance) and property taxes.
Courtesy: NM Apartment Advisors, Inc.
505-440-8633
The prior owner remodeled the property with a new roof, new windows, synthetic stucco, hard surface flooring, new lighting, new vanities, washer/dryers new evaporative coolers updated electrical, wrought iron security fence, new toilets as well as replacing some of the hot water heaters and furnaces.This 8-plex is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation and rent growth.Measures of investment performance at ask price of $772,863 and current average rent of $856 are a GRM of 9.40, a 5.32% cap rate, $96,608 per unit, $128.81/sf.
Courtesy: Double Eagle Real Estate
505-883-1414
Plenty of room to build on the back of this lot. No flood Zone. Great price for a great build site. Located on the highly desirable North side of the street.
Courtesy: EXP Realty LLC
505-238-6335
This acreage mostly sets on top of the mesa with 360 degree views. Well and Electric on the property. One could build nice homes with great views just minutes from Albuquerque or Los Lunas. Access to the Freeway is close by.
Courtesy: EXP Realty LLC
505-205-4175
Courtesy: Double Eagle Real Estate
505-883-1414
This lot has no flood zone, but a few small arroyos with very low flows, just needs some dirt work and creativity. Lot offers incredible views of the Sandia Mountains and is located on a dead end street. This is a great building lot. Adjoining lots are also available for sale. Seller will carry an REC with 20% down at 8% interest.
Courtesy: Granfors Realty,LLC
505-821-1309
Albuquerque is located in New Mexico. Albuquerque, New Mexico has a population of 562,336. Albuquerque is less family-centric than the surrounding county with 25.25% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Albuquerque, New Mexico is $56,366. The median household income for the surrounding county is $56,920 compared to the national median of $69,021. The median age of people living in Albuquerque is 37.5 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.
