Pending

Listed by Todd Clarke from NM Apartment Advisors, Inc.

Source: Southwest MLS #1071142

12715 Dunes Road Southeast, Albuquerque, NM, 87123

$428,763

2
1
3928 sq. ft.
9583.2 sq. ft.

Duplex

30+ days on the market

What's around 12715 Dunes Road Southeast

About this property

Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections. Downstairs units have a private backyard area.The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.

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