304 Western Skies Se Drive, Albuquerque, NM 87123

$310,000
2
BD
1
BA
3,464
SqFt
List Price
$310,000
Price Change
▲ $10,500 1634255246
MLS#
1000282
Status
ACTIVE
Number of Units
4
County
Bernalillo
City
Albuquerque
Subdivision
Dorado Skies Subdivision
Bedrooms
2
Bathrooms
1
Living Area
3,464
Acres
0.15

Property Description

Did you know that the average fourplex sales price of $314,948 reflects an appreciation of 38% between 2020 to 2021? Or that 25% of the fourplex market is in product that sold for more than $400,000? Are listing clients are keeping pace with the monthly appreciation in the market as evidence by this property's increase from $299,500 last month to the new priced at the recent appraisal of $310,000 and totally ready to go with full inspection reports available for your buyers review!At the ask price of $310,000 and an average rent of $650 the measure of investment performance include a GRM of 9.94, a CAP rate of 6.02% (before reserves), a price per unit of $77,500 a price per square foot of $90.22 an after tax IRR of 16.80%.

Additional Information

Days on Market
50
Year Built
1979
Stories
2
Cooling
Evaporative Cooling
Heating
Radiant
Parking Spaces
6

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NM Apartment Advisors, Inc..

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.