2841 Palo Verde Ne Drive, Albuquerque, NM 87112

$378,500
3
BD
2
BA
3,371
SqFt
List Price
$378,500
Price Change
▼ $109,000 1631035014
MLS#
993359
Status
ACTIVE
Number of Units
3
County
Bernalillo
City
Albuquerque
Subdivision
Crestview Heights
Bedrooms
3
Bathrooms
2
Living Area
3,371
Acres
0.19

Property Description

Offer deadline noon on 9/17 - tour 9/15 at noon - must register to attend.The property is offered at a start price of $378,500 more than $100,000 less than recent comparable sales.The Pickard Triplexes are named for developer and family friend, Grif Pickard, who developed a series of high-end owner occupant style triplexes along the foothills. This high-end NE heights location combined with owneroccupant style floorplans and 2 car garage make this equally attractive for an owner occupant or a sophisticated investor.At the ask price of $387,500, the measure of investment performance at current average rent of $1,050, include GRM of 10.01, 6.49% Cap rate after reserves, and an after tax IRR of 17.80%.

Additional Information

Days on Market
112
Year Built
1979
Stories
1
Cooling
Evaporative Cooling
Heating
Floor Furnace
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.