300 RHODE ISLAND ST SE Albuquerque NM 87108-4182 APN: 1-019-056-317-493-1-16-10

Property History

Property Type

Multifamily

Property Subtype

Apartment Building

Marketing Description

New Lower Price! Incredible opportunity! Rare 15-plex on a quiet cul-de-sac street in the Trumbull Village neighborhood. Two 2BR (approx 900 sf) and thirteen 1BR units (approx 600 SF). Rent roll and expenses emailed by request to listing broker. Mostly rented, landlord searching for 2 tenants currently. A few units are below market rate. Low overhead! Individually metered for gas/elec. Needs some TLC. All 3 buildings have newer roofs. Window A/C's, wall heaters. North and South buildings are one story, East/Middle building is two stories. Large Mature shade trees create a pleasant courtyard. Each unit has a small patio/yard area. Exterior is frame with stucco construction. Drive by only, do not disturb tenants. Interior viewing with accepted offer.

Property Type

Multifamily

Property Subtype

Apartment Building

Marketing Description

New Mexico Apartment Advisors is Pleased to Bring El Pueblito, a 15 Unit Apartment Community to Market. Available for the Þrst Time in Decades, This Value Add Opportunity is an Amazing Chance to Build on the Pueblo Modern Architecture While Pursuing the Double Digit Rent Growth the City of Albuquerque is Currently Undergoing. Nm Apartment Advisors Has Requested the Owner Not Lease the office or 3 Vacant One Bedroom Units, Allowing the Buyer an Immediate Opportunity to Do a Renovation/ Rehabilitation and Rent Those Units at Their Market Rent. The APOD and financial Analysis Assumes Those Units Are Rented at $610 Each. Carpe Diem in a Market With Forecasted Occupancy and Rent Growth Due to the Expansion of the Three of the Six Faang Stocks Investment in Our Marketplace (Facebook, Amazon, and Netflix), Not to Mention the Announced Intel Expansion.

Loan History

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Financial History

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Tax History

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Contact Information

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