300 Whispering Sands Se Court, Albuquerque, NM 87123

$269,545
2
BD
1
BA
3,400
SqFt
List Price
$269,545
MLS#
981280
Status
ACTIVE
Number of Units
4
County
Bernalillo
City
Albuquerque
Subdivision
Dorado Skies Subdivision
Bedrooms
2
Bathrooms
1
Living Area
3,400
Acres
0.14

Property Description

This property is well located within walking distance to a movie theater, two grocery stores, and a dozen restaurants and is just off the major loop for mass transit.Four by two bedroom one bathroom units with wood burning fireplaces make for cozy living spaces. The downstairs units have private patio/backed areasAt the ask price of $269,545 and an average rent of $660 the measure of investment performance include a GRM of 8.51, a CAP rate of 6.42% (before reserves), a price per unit of $67,386 a price per square foot of $79.28 an after tax IRR of 17.90%.If rents were to be raised to market of $686, the measures of investment performance improve to a GRM of 8.19, and a cap rate of 7.35% (before reserves).

Additional Information

Days on Market
17
Year Built
1981
Stories
2
Cooling
Evaporative Cooling
Heating
Central, Forced Air
Exterior Features
Landscaping

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
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.