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    810 Bellamah Avenue NW

    Albuquerque, NM 87102
    • $722,500
    • STATUS: Active
    • ON SITE: 248 days
    • MLS #: 965301
    UPDATED: 45 min ago
    $722,500
    • 1
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,512
      SQFT
    • $111
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    Description

    This twelve-plex at 810 Bellamah NW, located in Downtown Albuquerque, this property has a high walk (56), bike (80), and transit (42) scores.Embedded in the historic Sawmill District, the property's is walking distance Albuquerque's museum corridor, Tiguex Park and Old town and biking distance to the central business district.At the ask price of $722,500 and an average rent of $520, the measure of investment performance include a GRM of 9.65, a CAP rate of 6.12%, a price per unit of $60,208 a price per square foot of $110.95 a before tax IRR of 16.60% and an after tax IRR of 13.50%.If rents were raised to market of $610, the measure of investment performance improve to a cap rate of 7.22%.

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    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: 2020-12-01T18:04:56.553.
    www.sandisells.com/homes/104560153
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    810 Bellamah Avenue NW Albuquerque, NM 87102

    • Price: $722,500
    • Status: Active
    • Updated: 45 min ago
    • MLS #: 965301
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    6,512
    SQFT
    $111
    $/SQFT
    1978
    Built
    Neighborhood:
    80 - Downtown Area
    County:
    Bernalillo
    Area:
    80 - Downtown Area
    Property Description
    This twelve-plex at 810 Bellamah NW, located in Downtown Albuquerque, this property has a high walk (56), bike (80), and transit (42) scores.Embedded in the historic Sawmill District, the property's is walking distance Albuquerque's museum corridor, Tiguex Park and Old town and biking distance to the central business district.At the ask price of $722,500 and an average rent of $520, the measure of investment performance include a GRM of 9.65, a CAP rate of 6.12%, a price per unit of $60,208 a price per square foot of $110.95 a before tax IRR of 16.60% and an after tax IRR of 13.50%.If rents were raised to market of $610, the measure of investment performance improve to a cap rate of 7.22%.
    Exterior Features

    Construction Materials Frame Exterior Features BalconyDeckLandscaping Patio And Porch Features BalconyDeck

    Interior Features

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

    Property Features

    Builder Name Unknown Building Area Total 6512 Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 4907 Tenant Pays OtherSee Remarks Utilities Natural Gas ConnectedSewer ConnectedWater Connected Zoning Description R-1A*

    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: 2020-12-01T18:04:56.553.
     
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    Alburquerque NM, 87111