1300 &1304 Coal SW, Albuquerque, NM 87102

Commercial property for lease

  • Description
  • Two four plexes in downtown Albuquerque - hardwood floors, attractive interiors, although the Seller is interested in selling all 8 units at the same time, the Seller is open to selling each fourplex separately, with the intention of having a similar closing timeframe for each buyer to allow the Seller to complete a 1031 exchange. Measures of investment performance: 6.34% Cap rate, 8.18% cash on cash, 21.2% before tax IRR and 17.1% after tax IRR.Located just west of downtown Albuquerque, east of the historic Albuquerque Country Club neighborhood north of the Rio Grane Zoo/BioPark and south of Old Town Albuquerque, this location has a walk score of 72, transit score of 45, and bike score of 94. Building price details: $666,000.
  • Contact info
  • Todd Clarke
    NM Apartment Advisors, Inc.
  • Note
  • Details Info about this row that located on 1300 &1304 Coal SW, Albuquerque, NM 87102 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.

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  • Property Details
  • Building Name: Coal Fourplexes
    Property Type: Commercial (Other)
    Status: Available
    Lot Size: 0.300 Acres
    Number of Stories: 1
    Year Built: 1940
    Submarket: Duplex/Fourplex
    MSA: Albuquerque
    Zoning: SU-2 - Special Neighborhood Zone
    Buildings: 4
    Terms: Cash to Seller
    Added: 12/16/2017

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