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27414935
27414960

12708 Copper Ave NE, Albuquerque, NM 87123 For Sale

TC
NM 13711
N.M. Apartments, Inc.
Listed by N.M. Apartments, Inc.
$225,000
283 days on market
Updated 15 days ago

Copper Duplex

Details
APN 102205728325441719
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,000
Units 2
Cap Rate 6.67%
NOI $15,005
Price per SqFt $113
Class C
Year Renovated 1978
Buildings 1
Stories 2
Zoning MX-M

amazing duplex for owner occupant or investor

Marketing description

Subject: FAR North East heights duplex – $225,000 for spacious units

Good afternoon!

On behalf of the Owners, NM Apartment Advisors to bring to market this unique community of townhouse style units in Albuquerque’s North east heights.

Excellent location just off Tramway and Copper gives quick and easy access to great shopping, restaurants, and a ton of retail establishments.

The property features specious two bedroom one bathroom units with stand alone front and rear entrances as well as their own internal laundry room. The two units are stacked on top of each other and adjacent to two similar duplexes. Additionally, each unit is separately metered for electric and gas.

The upper floor unit is vacant and needs a bit of work to be rent-ready. This property offers tremendous upside for investors with vision and extra capital for renovations. The unique lot also offers chance for an owner occupant to build in some equity through their own hard work.

With an ask price $225,000 there is a lot of runway on this deal as the dozen comparable sales support a market value of $383,826, this charmer will go fast.

Virtual tours of each property can be found at

Upper floor vacant unit B – http://www.nmapartment.com/copper3d

Qualified Investors can access to the confidential document center with the online confidentially agreement at http://www.nmapartment.com/copper12708ne

17 page flyer at http://www.nmapartment.com/apt/NMAA-Copper12708NE.pdf

Buyer’s and Buyer’s brokers can discover the amount of Seller concession to the available to the Buyer by emailing compensation@nmapartment.com with the subject of NMAA-2567708

Do not miss out on this amazing opportunity!

Thanks,
Todd Clarke CCIM CIPs
CEO
NM Apartment Advisors Inc.
(505) 440-TODD

Listing Contacts

TC
NM 13711
N.M. Apartments, Inc.
Listed by N.M. Apartments, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$15,005.00
$1,250.42/mo

Valuation Metrics

0
DSCR
6.67%
Cap Rate
6.67%
ROI

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Additional Information

Name
Todd Clarke
License
13711
Brokerage
NM Apartment Advisors Inc.
Title
QB
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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