317 15th St NW, Albuquerque, NM 87104

Commercial property for lease

  • Description
  • High end fourplex and downtown millennial dream - Renovated top to bottom - owner has made amazing changes to the property that must be seen to appreciate. New kitchens, new bathrooms, new flooring, new HVAC, new tankless water heaters, new finishes, private courtyard, stackable washer/dyers and a walk score of 83, transit score of 48, and bike score of 89!Average rents of $1,031 are still below market of $1,139 and offers 6.20% Cap rate on actuals, 7.80% cap rate on proforma. Potential Before Tax IRR of 19.2%, After Tax of 15.20%. Building price details: $485,500.
  • Contact info
  • Todd Clarke
    NM Apartment Advisors, Inc.
  • Note
  • Details Info about this row that located on 317 15th St NW, Albuquerque, NM 87104 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

    If you see any error or mismatches on this page – click here.

  • Property Details
  • Building Name: SamsPlex
    Property Type: Commercial (Other)
    Status: Available
    Lot Size: 0.160 Acres
    Number of Stories: 1
    Year Built: 1959
    Submarket: Duplex/Fourplex
    MSA: Albuquerque
    Zoning: SU-1 - Special Use Zone
    Buildings: 1
    Terms: Cash to Seller
    Added: 12/12/2017

Copyright 2009-2024 © Houses For Sale List. All rights reserved.