NOT LISTED FOR SALE

222 Maple St NE Albuquerque, NM 87106

Sycamore Neighborhood
-- Bed
1 Bath
30,849 Sq Ft
1.16 Acres

Last Sold December 31, 2020

Highlights

  • 1.16 Acre Lot
  • Evaporated cooling system
  • Landscaped
  • Monte Vista Elementary School Rated A-
  • Tile Flooring
  • Baseboard Heating

About This Home

As of December 2020

This clean, gated, well-maintained complex is within walking distance to UNM and in the heart of ABQ, making these studio units easy to rent. In addition to the two three-story buildings, the site has sidewalks, patios, and paved open parking. Landscaping includes xeriscaping and trees and shrubs. Many of the units have been remodeled with vinyl plank flooring, ceramic tile bathrooms and an updated kitchenette area. Laundry facilities and an managers office are on site. Average unit rents are $550 giving this property a GRM of 5.83! The cap rate of 10.13% makes this investment property an easy decision to make.

Last Agent to Sell the Property

Kelly Taliaferro

Lucky Dog Realty, LLC License #18922 Listed on: 09/28/2020

Last Buyer's Agent

Todd Clarke

NM Apartment Advisors, Inc. License #13711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,259

Year Built

  • Built in 1979

Lot Details

  • 1.16 Acre Lot
  • Landscaped
  • Additional Parcels

Parking

  • 110 Parking Spaces

Interior Spaces

  • 1 Bathroom
  • 30,849 Sq Ft Home
  • Property has 3 Levels
  • Free-Standing Electric Range

Flooring

  • Tile
  • Vinyl

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 101505730537611409

Community Details

Overview

  • 77 Units
  • 30,849 Sq Ft Building

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $174,433
  • Gross Income $469,468

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,259

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From University and Central, head West on Central to Maple St. Turn North (right) on Maple St to apartment complex on your right.
  • Listing Contract Date: 2020-09-19
  • Year Built: 1979
  • Lot Size Acres: 1.16
  • Subdivision Name: NA
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: 41 - 50
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Free-Standing Electric Range, Refrigerator
  • Stories: 3
  • Number Of Buildings: 2
  • Basement YN: No
  • Living Area: 30849.0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Landscaping, Lighting
  • Disclosures: Principal is Real Estate Licensed, RANM 2100 Disclosure
  • Builder Name: unknown
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 110.0

Utilities

  • Cooling: Evaporative Cooling
  • Electric: None
  • Heating: Baseboard, Electric
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Lot Info

  • Lot Size Sq Ft: 50384.0
  • Additional Parcels: Yes
  • Parcel #: 101505730537611409
  • Zoning Description: R-T*

Rental Info

  • Tenant Pays: None

Multi Family

  • Number Of Units Total: 77
  • Annual Gross Income: 469468.0
  • Annual Operating Expense: 174433.0

Tax Info

  • Tax Annual Amount: 24259.35

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold -- -- --
10/07/2020 10/07/20 Pending -- -- --
10/05/2020 10/05/20 Off Market -- -- --
09/28/2020 09/28/20 For Sale $3,000,000 -- $97 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kelly Taliaferro

    Lucky Dog Realty, LLC

    (505) 270-5552

    1 in this area

    89 Total Sales

    Kelly Taliaferro
    Section Image
  • Todd Clarke

    Buyer's Agent in 2020

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    4 in this area

    228 Total Sales

    Todd Clarke
    Section Image

  • K

    Buyer Co-Listing Agent in 2020

    Kyle Deacon

    Deacon Property Services

    (505) 878-0100

    3 in this area

    168 Total Sales

    Kyle Deacon
    Section Image
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Map

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 978035

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-015-057-305-376-1-14-09

New Mexico Bernalillo County Albuquerque 87106 Sycamore

222 Maple St NE, Albuquerque, NM

This home is located at 222 Maple St NE, Albuquerque, NM 87106 since 28 September 2020. This property was built in 1979. 222 Maple St NE is a home located in Bernalillo County with nearby schools including Monte Vista Elementary School, Jefferson Middle School, and Albuquerque High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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