Skip To Content
    Return to Previous Page

    11109 Ventura Place NE

    Albuquerque, NM 87123
    • $285,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 975204
    $285,000
    • 2
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,192
      SQFT
    • $89
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    After a BID process, and a best and final round that pushed the price up quite bit - the top buyer did not come through.We are now back on the market and its your chance - own a piece of NM history - as filmed on the Better Call Saul (Season 5, episodes 1-2) - this fourplex was featured as a backdrop to both episodes.Nestled in a community of family friendly fourplexes, this 2 bedroom, 1 bathroom + w/d hookups fourplex has all 4 units occupied.List price is $285,000, with an average rent of $710, measures of investment performance include a GRM of 8.36, a before reserves cap rate of 6.90% and an after-tax Internal Rate of Return (IRR) of 18.70%. If rents are raised to the market average of $788, measure of investment performance improve to a cap rate of 7.90% and a cash on cash

    Monthly Payment Calculator



    IDX information © 2020 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team. Data last updated: 2020-09-19T00:04:54.49.
    www.sandisells.com/homes/109165925
    Print Image

    11109 Ventura Place NE Albuquerque, NM 87123

    • Price: $285,000
    • Status: Active
    • MLS #: 975204
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,192
    SQFT
    $89
    $/SQFT
    1975
    Built
    Neighborhood:
    Senac Addition
    County:
    Bernalillo
    Area:
    50 - Northeast Heights
    Property Description
    After a BID process, and a best and final round that pushed the price up quite bit - the top buyer did not come through.We are now back on the market and its your chance - own a piece of NM history - as filmed on the Better Call Saul (Season 5, episodes 1-2) - this fourplex was featured as a backdrop to both episodes.Nestled in a community of family friendly fourplexes, this 2 bedroom, 1 bathroom + w/d hookups fourplex has all 4 units occupied.List price is $285,000, with an average rent of $710, measures of investment performance include a GRM of 8.36, a before reserves cap rate of 6.90% and an after-tax Internal Rate of Return (IRR) of 18.70%. If rents are raised to the market average of $788, measure of investment performance improve to a cap rate of 7.90% and a cash on cash
    Exterior Features

    Construction Materials Frame Exterior Features Landscaping Stories Total 2

    Interior Features

    Appliances Refrigerator Basement YN No Bathrooms Total Integer 1 Cooling Evaporative Cooling Electric None Electric On Property YN No Flooring CarpetTileVinyl Heating OtherSee Remarks

    Property Features

    Builder Name Senac Building Area Total 3192 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 32556 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 13774 Property Condition Resale Property Sub Type Quadruplex Property Sub Type Additional Quadruplex Tax Annual Amount 2355 Tenant Pays OtherSee Remarks Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-M*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 2020 Southwest Multiple Listing Service, Inc.


    IDX information © 2020 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team. Data last updated: 2020-09-19T00:04:54.49.
     
    https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_975204-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_975204-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_975204-2.jpg
    Logo
    Sandi Pressley Team
    10400 Academy Rd NE Suite 100
    Alburquerque NM, 87111