$4,000,000
bedrooms
1
bathrooms
0
square feet
26,302
Acreage
2.18
Open Houses
-
year built
1965
Full Baths
0
Half Baths
0
40 unit apartment complex in a prime North Valley location on 2.18 acres! Current appraisal at $5,105,000. Rare opportunity to own investment property in the charming and trending Los Griegos neighborhood. Property being sold as a complete package consisting of four tri-plex units and seven four plex units with a total of 26302 square feet. 21 2bd/1bth; 19 1bd/1bth. Long time property manager/maintenance can stay in place if desired. Immaculately maintained, inside and out. Community coin laundry room, refrigerated air, individually metered electric, 38 fenced patios, firewalls between all units, zoned R-ML. One unit is currently a management office and accounts for part of 5% vacancy. $374,640.00 annual rental income, $174,303.46 NOI, 4.3% cap rate with room to grow towards market!
| Location | |
| Subdivision | El Dorado Apartments |
| County | Bernalillo |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
Find out more
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MLS number: 1081938
Listing agent:
Lindsey Thomas
#47433
Listing broker:
Coldwell Banker Legacy
(505) 857-2328
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Sunday, April 13 2025 at 12:57 a.m. EDT
Kotohomes National