35.066372 -106.50862

304 Western Skies Drive SE Albuquerque, NM 87123

247654406 35.066372 -106.50862 2420 /listing/247654406-150272524/304-western-skies-drive-se-albuquerque-nm-87123 False 0 219800.0 3464 105 2 1 951542 False
  • $219,800
  • 2 bd
  • 1 ba
  • 3,464 sqft
  • 6534.0 Square Feet lot
  • Est payment $1179.93/mo

Property & Neighborhood Info

Courtesy Of NM Apartment Advisors, Inc.

Residential Income in Albuquerque

Offer deadline is noon on 12/3/2020.Four by two bedroom one bathroom units with separate laundry rooms (in each apartment) and one of the units includes a fireplace.At the ask price of $219,800 and an average rent of $600 the measure of investment performance include a GRM of 7.63, a CAP rate of 7.70% (before reserves), a price per unit of $54,950 a price per square foot of $63.97 an after tax IRR of 19.50%.If rents were to be raised to market of $686, the measures of investment performance improve to a GRM of 6.68, and a cap rate of 9.20% (before reserves).The market comparable sales indicate a value of $250,526.

Courtesy Of NM Apartment Advisors, Inc.
  1. 2 Beds
  2. 1 Baths
  3. 3,464 Sq. Ft.
  4. 6534.0 Square Feet Lot

Main Features

  • Listing Status: Active
  • Year Built: 1979
  • Floors: 2
  • County: Bernalillo County
  • Taxes: $1,772.00
  • Fees: $11,439.00
  • Units: 4
  • Zoning: R-ML*
  • Subdivision: Dorado Skies Subdivision
  • MLS Number:951542

Additional Features

  • Builder Name:
    • Unknown
  • Gross Income:
    • 27360.0
  • List Agent Fax:
    • (800) 791-4047
  • List Agent State License:
    • 13711
  • Listing Agreement:
    • Exclusive Right To Sell
  • List Office Email:
    • tclarke@nmapartment.com
  • List Office Fax:
    • (800) 791-4047
  • Lot Dimensions Source:
    • Public Records
  • Lot Size Acres:
    • 0.15
  • Lot Size Source:
    • Public Records
  • Map Coordinate:
    • L22
  • Number Of Buildings:
    • 1
  • Parking Total:
    • 6.0
  • Tax Legal Description:
    • Lot 2, Dorado Skies Subdivision
  • Heating:
    • Radiant
  • Tenant Pays:
    • Other
    • SeeRemarks
  • Listing Terms:
    • Cash
    • VALoan
    • Conventional
    • FHA
  • New Construction YN:
    • N
  • Utilities:
    • NaturalGasConnected
    • CableConnected
    • ElectricityConnected
    • PhoneConnected
  • Cooling:
    • Evaporative Cooling
  • Heating YN:
    • Y
  • Interior Features:
    • Fireplace
  • Appliances:
    • Refrigerator
  • Property Condition:
    • Resale
  • Construction Materials:
    • Frame
  • Flooring:
    • Carpet
    • Vinyl
  • Electric On Property YN:
    • N
  • Additional Parcels YN:
    • Y
  • Property Sub Type:
    • Quadruplex
  • Property Type:
    • Residential Income
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Linda Coy
Linda Coy
Associate Broker
7441 Alameda Blvd NE #B ALBUQUERQUE NM 87113
Request More Info
35.066372 -106.50862

304 Western Skies Drive SE Albuquerque, NM 87123

247654406 35.066372 -106.50862 2420 /listing/247654406-150272524/304-western-skies-drive-se-albuquerque-nm-87123 False 0 219800.0 3464 105 2 1 951542 False
  • $219,800
  • 2 bd
  • 1 ba
  • 3,464 sqft
  • 6534.0 Square Feet lot
  • Est payment $1179.93/mo