Real Estate For Sale in...

419 Monroe Street NE, Albuquerque, NM 87108

Multi Family MLS# 847327 ID: 46678640
$3,495,000 Get Rates

9 or More Units - Albuquerque, NM
Based on the ask price of $3,495,000 and an average rent of $618 ($0.95/sf), the property offers a 6.60% Cap rate, 8.98% cash con cash, 17.40% before tax IRR, and a 13.80% after tax IRR. Based on proforma rents of $739, the property could be a 8.57% CAP rate, 17.20% cash on cash, and astronomical IRR.Adjoining recently renovated property that is current collecting rents between $775 to $1,075.The high walk score (72) and bike score (79) is reflective of the Nob Hill lifestyle which offers millennials and baby boomers over 80 restaurants, a Sprouts grocery market and easy access to the UNM and CNM campuses.

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Location Information near 419 Monroe Street NE
Offered by Todd D Clarke at NM Apartment Advisors, Inc.

Would you like more information regarding this property?
Please call (505) 440-8633.

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Property Features for 419 Monroe Street NE
Market Status
Last Updated
February 17, 2018
Property Type
Multi Family
Year Built
Approx. Lot Size
1.30 Acres
Sq. Feet


  • Refrigerator

Building Features

  • Cooling System: Evaporative
  • Heating System: Forced Air
  • Stories: 2.0

Exterior Features

  • Exterior Construction: Stucco

Interior Features

  • Floors: Carpet; Tile


  • Taxes: 13213.1

Listing Features

  • Property Type: MultiFamily; 9 or More Units
  • Todd D Clarke
  • NM Apartment Advisors, Inc.

Data Provided by:
Southwest MLS

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More information about this $3,495,000 Multi Family at 419 Monroe Street NE

This $3,495,000 Multi Family at 419 Monroe Street NE in Albuquerque, NM is presented by Todd D Clarke. This $3,495,000 Multi Family, located in the 87108 zip code, has the following property features: Heating System, Refrigerator, Exterior Construction, Property Type. This 419 Monroe Street NE Multi Family, located in Bernalillo County , is listed under MLS listing number 847327 and has a listing price of $3,495,000. You can find more ALBUQUERQUE homes for sale here.