3209 Alta Monte Court NE
Albuquerque, NM 87107
MLS #915390

Multi-family
  • 14units
$750,000
Est. P&I payment: $2864.49/mo
3209 Alta Monte Court NE, Albuquerque, NM 87107
  • 3209 Alta Monte Court NE, Albuquerque, NM 87107 Photo 1
  • 3209 Alta Monte Court NE, Albuquerque, NM 87107 Photo 2
  • 3209 Alta Monte Court NE, Albuquerque, NM 87107 Photo 3
  • 3209 Alta Monte Court NE, Albuquerque, NM 87107 Photo 4
  • 3209 Alta Monte Court NE, Albuquerque, NM 87107 Photo 5
  • 3209 Alta Monte Court NE, Albuquerque, NM 87107 Photo 6
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Description for 3209 Alta Monte Court NE, Albuquerque, NM 87107
NE Albuquerque 14 Unit Multi-Family Investment Opportunity. The property is fully occupied creating excellent cash flow. Laundry room onsite creates additional income, individually metered for gas and electric, and near Shopping centers. The property is located between I 25 and I 40 within 6 miles of both College of New Mexico and University of New Mexico.
MLS #915390
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My Notes for MLS #915390

General Features

  • Property Type: C
  • Approx Structured SqFt: 8,700
  • Year Built: 1978
  • Total Number of Buildings: 1
  • Stories: 2
  • Property Sub-Type: 9 or More Units
  • 5+ Units: Yes
  • Age: 41 - 50
  • Number of Units: 14
  • Lot SqFt: 9,583
  • Zoning: R-2

Exterior Features

  • Exterior Material: Stucco
  • Parking: 1.5 Spaces Per Unit,​Assigned Parking
  • Roof: Flat,​Tar Gravel

Interior Features

  • Basement: Basement: No
  • Unit Type 1: Number of Units: 12
  • Unit Type 1: Number of Bedrooms: 1
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Average SqFt: 600
  • Unit Type 2: Number of Units: 2
  • Unit Type 2: Number of Bedrooms: 2
  • Unit Type 2: Number Baths: 1
  • Unit Type 2: Average SqFt: 800
  • Unit Summary: Total Units: 14
  • Unit Summary: Average Unit Size: 629
  • Unit Summary: Average Actual Rent: 536
  • Unit Summary: Annualized: 90,000
  • Flooring: Carpet,​Tile,​Vinyl

Utility Features

  • Amenities: Laundry Community,​Laundry Equip. Owned,​Outside Lights,​Security Gate
  • Appliances included: Dishwasher,​Fan/Hood,​Frestnd Gas Stv/Ovn,​Refrigerator
  • Cooling: Evaporative
  • Heating: Central Forced Air
  • Utilities: Community Water,​Electric,​Natural Gas,​Sewer System

Financial Features

  • Approximate Taxes: 4,830
  • List Price/SqFt: 86
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 525
  • Unit Type 1: Max Rent: 550
  • Unit Type 1: Market Rent: 550
  • Unit Type 2: Average Actual Rent: 600
  • Unit Type 2: Max Rent: 600
  • Unit Type 2: Market Rent: 675
  • Unit Summary: Total Actual Rent: 7,500
  • Finance Considered: Cash,​Conventional
  • Owner Pays: Maintenance,​Sewer,​Some Utilities,​Trash Removal,​Water
  • Tenant Pays: Electric,​Gas

Community Features

  • Subdivision: Blk A Indian Acres Sub

Miscellaneous Features

  • Disability Access: Unknown
  • Lead Base Paint: Yes
  • Construction: Frame

Location

 
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Directions to 3209 Alta Monte Court NE, Albuquerque, NM 87107
From I 25 take Comanche exit to Lafayette Dr. south to Alta Monte Ct. make a left. From I 40 take the Carlisle exit Aztec Rd. to Lafayette Dr. south to Alta Monte Ct. make a left.
The listing information for 3209 Alta Monte Court NE, Albuquerque, NM 87107 was graciously provided by our friends at the listing brokerage, Caruso Realty, LLC

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on Southwest Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. Southwest Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/26/2018 at 4:57am
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