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    219 & 231 Muriel Street NE

    Albuquerque, NM 87123
    • $925,000
    • STATUS: Active
    • ON SITE: 14 days
    • MLS #: 1000515
    UPDATED: 47 min ago
    $925,000
    • 3
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Hard-to-find mobile home park for sale in Albuquerque. Here is your opportunity to buy a park with reconditioned units that include 8 mobile homes, one 2200 sf 3 bdrm 2 bath home with 2 car garage, an additional 1 car garage for storage, and an efficiency. This property is a cash cow grossing machine producing more than $100,000 per year. Many of the rents have not been raised in 3 yrs. At market rents this park will operate at +7% CAP rate. All homes have had extensive remodeling. Park models include 3 three bdrm 2 bath homes, 1 two bdrm 2 bath home, 5 two bdrm 1 bath homes, and one efficiency. All models including efficiency have washers and dryers and solid surface flooring. No carpet. All models are owned by park. 100% leased!

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    IDX information © 2021 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 | Coldwell Banker Legacy. Data last updated: 2021-09-21T16:04:53.96.
    www.sandisells.com/homes/121167081
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    219 & 231 Muriel Street NE Albuquerque, NM 87123

    • Price: $925,000
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 1000515
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    Neighborhood:
    50 - Northeast Heights
    County:
    Bernalillo
    Area:
    50 - Northeast Heights
    Property Description
    Hard-to-find mobile home park for sale in Albuquerque. Here is your opportunity to buy a park with reconditioned units that include 8 mobile homes, one 2200 sf 3 bdrm 2 bath home with 2 car garage, an additional 1 car garage for storage, and an efficiency. This property is a cash cow grossing machine producing more than $100,000 per year. Many of the rents have not been raised in 3 yrs. At market rents this park will operate at +7% CAP rate. All homes have had extensive remodeling. Park models include 3 three bdrm 2 bath homes, 1 two bdrm 2 bath home, 5 two bdrm 1 bath homes, and one efficiency. All models including efficiency have washers and dryers and solid surface flooring. No carpet. All models are owned by park. 100% leased!
    Exterior Features

    Construction Materials Frame Exterior Features Lighting Levels One

    Interior Features

    Appliances DryerFree-Standing Electric RangeMicrowaveRefrigeratorWasher Basement YN No Bathrooms Total Integer 2 Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring LaminateVinyl Heating Wall Furnace Heating YN Yes

    Property Features

    Accessibility Features None Additional Parcels YN Yes Builder Name Unknown Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Gross Income 104916 Listing Agreement Exclusive Right To Sell New Construction YN No Operating Expense 18874 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 987 Tenant Pays OtherSee Remarks Utilities Cable ConnectedElectricity ConnectedNatural Gas AvailablePhone ConnectedSewer ConnectedWater Connected Zoning Description Mx-H*

    Listing courtesy of Dave Slade & Associates Llc. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 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 | Coldwell Banker Legacy. Data last updated: 2021-09-21T16:04:53.96.
     
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    Sandi Pressley Team | Coldwell Banker Legacy
    10400 Academy Rd NE Suite 100
    Alburquerque NM, 87111