Real Estate For Sale in...
 

419 Monroe Street NE, Albuquerque, NM 87108

$3,495,000
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.

Back To Top
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.

Mortgage Calculator
(% per year)
(in years)
 
(estimated)

*May not reflect current interest rates and is intended for educational/information purposes only. All figures are hypothetical and should not be relied upon in any way.

$$$

Compare current mortgage rates

Property Features for 419 Monroe Street NE
Status
Market Status
Available
Last Updated
February 17, 2018
Description
Property Type
Multi Family
Year Built
1960
Stories
2.0
Approx. Lot Size
1.30 Acres
Sq. Feet
33,000

Appliances

  • Refrigerator

Building Features

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

Exterior Features

  • Exterior Construction: Stucco

Interior Features

  • Floors: Carpet; Tile

Legal/Financial

  • Taxes: 13213.1

Listing Features

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

Data Provided by:
Southwest MLS

Foreclosure, Auction & Bank Owned Listings
Save on your next home purchase. Search forclosure listings in Albuquerque
Go
New Home Listings From Top Home Builders
Search new home communities and view new homes for sale
Go
Back To Top

Advertisements

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.