Property Description
8% CAP RATE!! Amazing 8-unit rental investment opportunity! Brick 8 unit complex with Pitched Shingled Roof installed in 2017, W/D Hookups in each unit, Great Open Floor plans, each unit has private backyard, Central Forced Air Heating, Evaporative Cooling, Security Gate, All Units have working Refrigerator, Freezer, Oven & Range. Close to Major shopping centers, close to Kirkland air force base, UNM area. Very consistent and high occupancy rates. Consists of 2 4plex buildings in the same parcel.
Features
: Central, Forced Air
: Evaporative Cooling, Ceiling Fan(s)
: Patio
: Disposal, Refrigerator, Range Hood, Free-standing Gas Range, Free-standing Electric Range
: Patio
$0
Address Map
NM
Bernalillo
Albuquerque
87108
517 & 521 Palomas Drive SE
0
W107° 24' 59.9''
N35° 4' 19.6''
Additional Information
Re/Max Exclusive
Jose Luis Tinoco-Lopez
: Wheelchair Access
$0
0 Sqft
: Brick
72
71 - Southeast Heights
South of zuni rd and palomas, north of bell ave and Palomas
$0
: Patio, Landscaping
: Tile
: Ceiling Fan(s)
Cash,Conventional,VA Loan
$0
1
101805608950522708
$6,240
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available
3%
20355119
Residential Income
517 & 521 Palomas Drive SE, Albuquerque, New Mexico 87108
2 Bedrooms
1 Bathrooms
6,080 Sqft
Visits : 39 in 98 days
$715,000
Listing ID #1027104
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 1027104
Price : $715,000
Bedrooms : 2
Bathrooms : 1
Year Built : 1963
Acres : 0.14 Acre
Lot Area : 6,080 Sqft
Status : Pending
Property Sub Type : Multi Family
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