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    12201 Menaul NE

    Albuquerque, NM 87112
    • $486,573
    • STATUS: Pending
    • ON SITE: 27 days
    • MLS #: 1000020
    Pending
    UPDATED: 25 min ago
    $486,573
    • 3
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,242
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    Description

    At the ask price of $486,573, the measures of investment performance (with a management fee in place) and at the average rents of $1,128 include a price per unit of $162,191, a price per square foot of $150.08, GRM of 11.98, a cap rate before reserves of 5.03% (after is 4.89%), and an after tax IRR of 14.40%. If rents are raised to market average of $1,300 measure of investment performance improve to a cap rate of 5.95% and a 7.58% cash on cash. Unit A is a spacious and beautiful 3 bedroom / 2 bathroom with great natural light and high-end modern updates throughout. Wide open living area and kitchen with sleek solid surface flooring, vaulted ceilings, gas fireplace, and modern fixtures and accents. Gourmet kitchen offers custom, quiet close cabinets and a top end stainless appli

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    IDX information © 2021 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 Berkshire Hathaway HomeServices. Data last updated: 2021-09-27T22:04:50.823.
    www.propertiesofsantafe.com/homes/120945524
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    12201 Menaul NE Albuquerque, NM 87112

    • Price: $486,573
    • Status: Pending
    • Updated: 25 min ago
    • MLS #: 1000020
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,242
    SQFT
    $0
    $/SQFT
    1977
    Built
    Neighborhood:
    Brentwood Hills
    County:
    Bernalillo
    Area:
    50 - Northeast Heights
    Property Description
    At the ask price of $486,573, the measures of investment performance (with a management fee in place) and at the average rents of $1,128 include a price per unit of $162,191, a price per square foot of $150.08, GRM of 11.98, a cap rate before reserves of 5.03% (after is 4.89%), and an after tax IRR of 14.40%. If rents are raised to market average of $1,300 measure of investment performance improve to a cap rate of 5.95% and a 7.58% cash on cash. Unit A is a spacious and beautiful 3 bedroom / 2 bathroom with great natural light and high-end modern updates throughout. Wide open living area and kitchen with sleek solid surface flooring, vaulted ceilings, gas fireplace, and modern fixtures and accents. Gourmet kitchen offers custom, quiet close cabinets and a top end stainless appli
    Exterior Features

    Construction Materials Frame Levels One Stories Total 1

    Interior Features

    Appliances Refrigerator Basement YN No Bathrooms Total Integer 2 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Tile Heating CentralForced Air Heating YN Yes

    Property Features

    Additional Parcels YN Yes Builder Name Unknown Building Area Total 3242 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 38589 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 14787 Property Condition Resale Property Sub Type Triplex Property Sub Type Additional Triplex Tax Annual Amount 3669 Tenant Pays OtherSee Remarks Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Zoning Description R-T*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 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 Berkshire Hathaway HomeServices. Data last updated: 2021-09-27T22:04:50.823.
     
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