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12715 Dunes Road SE
AlbuquerqueNM 87123

$428,763
Sale Under Contract
Tools
Brochure
Size
2
Bedrooms
3,928 Sq Ft.
interior
0.22 Acres
Exterior
Financial
$428,763
Change Currency
$109
Price Per Sqft
$2,374
Annual taxes
Listing Details
Quadraplex
Property type
1980
Year Built
13098015
Web Id
1071142
MLS ID
22
Days Posted

Description

12715 Dunes Road SE,

Albuquerque, NM 87123

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%.

This is an Pending listing.

Broker Office Phone Number: 505-440-8633

Copyright © 2024Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities

  • Carpet
  • Carpeted Floors
  • Refrigerator
  • Vinyl Flooring
  • Evaporative

Price History

datepricevariancetype
10/1/2024$428,763-Contract
9/21/2024$428,763-Listed
Listing By: NM Apartment Advisors, Inc. via Data Source: Southwest MLS 
listing agent: Todd Clarke


Located at 12715 Dunes Road SE, Albuquerque, New Mexico 87123, this Quadraplex is for Sale with a price of $428,763 USD. The property was built in 1980, includes 2 bedrooms,. This listing has 3,928 Sq.Ft. of interior space on a lot of .22 Acres. See all Homes for Sale in Albuquerque.
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