12229 Menaul Boulevard NE, Albuquerque NM 87112

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$579,429

12229 Menaul Boulevard NE, Albuquerque, NM 87112

bedrooms

bathrooms

square feet

3,107

Acreage

0.19

Open Houses

year built

1977

Full Baths

Half Baths

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Located just a few blocks west of the Sandia mountain foothills at 12229 Menaul NE, the unit mix includes:- Unit A is a 1,274 square foot, 3 bedroom / 2 bathroom with a 2 car garage.- Unit B is a 1,100 square foot, 2 bedroom, 1bathroom home.- Unit C is a 829 square foot, 2 bedroom, 1 bathroom home.Each residence has its own private area and/or backyard.Besides the spacious units, the main amenity for this property is the quiet and serene NE Heights neighborhood close to foothills trails and shopping.Measures of investment performance at ask price of $579,429 and average rents, as of 2/1/2024, of $1,325 are a GRM of 12.15, a 5.25% cap rate, $193,143 per unit, $186/sf and an after tax IRR of 13.2%.

Location
Subdivision	Brentwoods Hills
County	Bernalillo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 1053809

Listing agent: Todd D Clarke #13711

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

Last update: Tuesday, November 19 2024 at 7:52 p.m. EST

Kotohomes National