12715 Dunes Road SE
Albuquerque, NM 87123
3928 sqft | 2 beds | 0.22 acres | #1071142
Description
Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area.The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- SubdivisionDorado Skies Subdivision
- Property TypeMulti-Family
- Exterior MaterialsLandscaping
- CountyBernalillo
- Property SubtypeQuadruplex
- Original List Price$428,763
- MLS #1071142
- MLS #1071142
- Taxes Annual$2,374
- Cost428763
- Acres0.22
- Square Feet3928
- Year Built1980
- Bedrooms2
Location
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Last Updated: . Source: SWMLS
Listing Courtesy
Listing Agent: Todd D Clarke (#clarkeda)
Listing Office: NM Apartment Advisors, Inc. (#NMAP01)
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