12715 DUNES RD SE Active

Albuquerque,NM 87123

$ 428763

2 Beds

1 Bath

3928 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,928 sqft

Price per Sqft $109

Subdivision Dorado Skies Subdivision

MLS Listing ID 1071142

Bedrooms 2

Construction Status Resale

HOA Y/N No

Year Built 1980

Annual Tax Amount $2,374

Lot Size 9,583 Sqft

Acres 0.22

Lot Dimensions Public Records

Property Description

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%.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

Exterior Feature Landscaping

Community Features Deck/ Porch, Storage Facilities

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 102205624930310556

Acceptable Financing Cash,Conventional,FHA,VA Loan

Green/Energy Cert None

Listing Terms Cash,Conventional,FHA,VA Loan

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