2929 Monte Vista Boulevard NE

Estimated Monthly Payment: $7,678/mo 2929 Monte Vista Boulevard NE, Albuquerque, NM 87106 MLS# 909945 Multifamily Listing Status: Active
5,420 sqft
567
70
0
50

REMARKS:

Amazing building - like new construction - renovated ground up in 2010. You have hit the Trifecta for walk (90), bike (96) and transit (50) scores, scoring in the top 10% for each. Across the street from UNM and just south of the nob-hill gateway and Route 66.Seven (7) units total - two (2) retail spaces on ground floor, plus five (5) furnished apartments that can be live/work or vacation rental (property has 5 year history of master leased to vacation rental operator).3rd floor penthouse apartment has views 360 of the city and seating for 50!Mixed use property is exactly what the millennial generation is looking for.Measure of investment performance at list price of $1,631,824 include, price per unit of $233,118, $/sf of $301.07, GRM of 11.65, Cap Rate before reserves of 5

OVERVIEW:

Multifamily
7 Units
Active
40
UNM
Monte Vista Add
1950
5420
0.07
3049
None
Block
Gas
Refrigerated
All City

FEATURES:

Refrigerator
Balconies/Deck, No Landscaping, Owners Unit
See Remarks

FINANCIAL:

$1,631,824
$2,839
Other - See Remarks

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of NM Apartment Advisors, Inc..

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Keller Williams Realty Albuquerque shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

 

©2019 All rights reserved.