941 Alvarado Se Drive, Albuquerque, NM 87108

$406,216
2
BD
1
BA
2,940
SqFt
List Price
$406,216
MLS#
997698
Status
ACTIVE
Number of Units
3
County
Bernalillo
City
Albuquerque
Subdivision
Melendres Sub
Bedrooms
2
Bathrooms
1
Living Area
2,940
Acres
0.19

Property Description

Each unit is like its own self-contained patio home - each with a spacious two bedroom, one bathroom residences with their own utility/laundry room, refrigerated air conditioning, private backyard and one car garages with automatic openers.This property has had only one owner since the original family built it. The property was originally built in 1964 by Carl Williams, a well-known developer. It has been well maintained and where possible, upgrades were done with an owner living on site.The property is located just west of the Gibson entrance and northeast of the Truman gate to Kirtland Air Force Base and Sandia National laboratories.With an average rent of $925, and at the list price of $406,216 the measures of investment performance include a cap rate of 5.59%

Additional Information

Days on Market
58
Year Built
1964
Stories
1
Cooling
Refrigerated
Heating
Central, Forced Air
Parking Spaces
4

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of NM Apartment Advisors, Inc..

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.