$750,000

12120 Candelaria Road NE, Albuquerque, NM 87112

2 beds |
2 baths

Multi-Family Home
Built in 1989
0.33acre lot
—— car garage
$——/sqft
Listed 8 months ago

Property Description

The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the west, 12100 Candelaria NE which is available for sale at $650,000. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $750,000 and average rents of $1,250 are a GRM of 12.50, a 5.99% cap rate, $187,500 per unit, $185/sf.

Listing Status:: Active
Date Added:: February 10, 2025 at 06:00AM
Listing Office:: NM Apartment Advisors, Inc. : (505) 440-8633
Listing Agent:: Todd D Clarke : (505) 440-8633
MLS ID:: 1078050

Appliances: Refrigerator
Flooring: Carpet
A/C: Evaporative Cooling
Heating: CentralForced Air
Eco/Green Feature: None

Parking: Parking spaces: 6

General: FrameStucco2

Originating MLS: SWMLS
County: Bernalillo

Zoning: TR 29C-2 BLK 29-C BRENTWOOD HILLS102205935653712540

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Source: SWMLS

This listing courtesy of Todd D Clarke, NM Apartment Advisors, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

John Baker Elementary School

12015 Tivoli Ave NE Ste B, Albuquerque, NM, 87111

Grades KG-5

0.50 miles away

Hoover Middle School

12015 Tivoli Ave NE, Albuquerque, NM, 87111

Grades 6-8

0.44 miles away

Eldorado High School

11300 Montgomery Blvd NE, Albuquerque, NM, 87111

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.