Pending
bedrooms
2
bathrooms
0
square feet
3,318
Acreage
0.3
Open Houses
-
year built
1989
Full Baths
0
Half Baths
0
The property contains four, large one-story courtyard style apartment homes with unique, very private backyards and patio spaces. Each apartment is also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the east, 12120 Candelaria NE which will be available for sale at $750,000, after 12100 Candelaria NE closes. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $650,000 and average rents of $1,125 are a GRM of 12.04, a 6.19% cap rate, $162,500 per unit.Assuming a new loan with a 25% down payment, an interest rate of 6.25% and 30 year amortization, an owner can live on the property for as little $82
| Location | |
| Subdivision | Brentwood Hill |
| County | Bernalillo |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: 1077130
Listing agent:
Todd D Clarke
#13711
Listing broker:
Nm Apartment Advisors Inc.
(505) 440-8633
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, February 9 2025 at 8:38 p.m. EST
Kotohomes National