715 Fruit Ave

Albuquerque, NM 87102
  • $385,500

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,565

    SqFt

About the Listing 20130812222851201386000000 - 20130812223409586362000000

NM Apartment Advisors is very excited to bring to market this fourplex is located in Downtown Albuquerque at 715 Fruit NW, this property has a high walk (88), bike (71), and transit (57) scores.The property's is walking distance to the central business district.At the ask price of $385,500 and an average rent of $710, the measure of investment performance include a GRM of 11.31, a CAP rate of 5.24%, a price per unit of $96,375, a price per square foot of $150.29 a before tax IRR of 11.10%.If rents were raised to market of $751, the measure of investment performance improve to a cap rate of 5.54%.

Listing Highlights for 715 Fruit Ave

Status Active
Days on Site 15
Property Type Multi-Family
MLS ® 932029
Year Built 1916
Total Square Footage 2,565
Lot/Acreage 0.18

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances: Refrigerator
  • Air Cond: 2+Units
  • Heating: 2+ Units
  • Fireplaces:
  • Floor: Wood
  • Basement: No
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Zoning: R-ML*
  • Roof:
  • Others: Frame,Wood Siding
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $3,990
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

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Listing Location

Questions About..

715 Fruit Ave Albuquerque, NM 87102

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Listing Courtesy of Todd D Clarke, NM Apartment Advisors, Inc.

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