313 McKnight NE -
Multifamily | 3 Units | $178,383/unit
Marketing description
On behalf of the owners, NM Apartment Advisors and Maestas Realty Services are
pleased to present this north downtown family style compound on one parcel for sale.
The community is walking distance to multiple parks, retail establishments, and restaurants as well as biking distance to the hundreds of miles of Albuquerque's outdoor hiking/biking trails. It is also walking distance to the City of Albuquerque's newest and likely most expen-sive ($8M and $80M) parks - one is located at Wells-Park and the other the Rail Trail that ties Downtown to Oldtown/Sawmill area.
Biking distance to Starbucks, and Old Town, IPCC, Downtown, and the Downtown medical cluster with its three hospitals.
This family compound contains three residences on one large long lot with a newer house, built in 2009 and known as Unit B, is located to the rear (north) side of the property is va-cant and can be made available for immediate occupancy by an owner occupant. The mid-dle house, Unit A, is currently vacant and available for showings.
Full inspection reports are available to qualiÞed investors who complete the online conÞ-dentially agreement at www.nmapartment.com/mcknight313ne.
The seller also owns Unit C next door and is offering that house for sale for $225,000. Re-cent comparable sales for that residence indicate a market value closer to $261,232.
In the event that the two properties sell together, the owner will discount price for all 4
units to $725,000.
Disclosure, one of the two co-listing brokers has an owner-ship interest in the property.
Do not miss out on this opportunity to be an owner occupant or investor in a market with strong job growth and a housing shortage from all of the
new Netflix, Facebook/Meta, Amazon, Intel and other jobs.
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