12120 Candelaria Road NE, Albuquerque, NM 87112

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$750,000

bedrooms

bathrooms

square feet

Acreage

0.33

Open Houses

year built

1989

Full Baths

Half Baths

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The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the west, 12100 Candelaria NE which is available for sale at $650,000. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $750,000 and average rents of $1,250 are a GRM of 12.50, a 5.99% cap rate, $187,500 per unit, $185/sf.

Location
Subdivision	Tr 29c-2 Blk 29-c Brentwood Hills
County	Bernalillo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1078050

Listing agent: Todd D Clarke #13711

Listing broker: Nm Apartment Advisors Inc. (505) 440-8633

Last update: Monday, March 31 2025 at 4:13 a.m. EDT

Kotohomes National