NOT LISTED FOR SALE

4113 Atrisco - 4201-4209 Dr NW Albuquerque, NM 87120

Ladera Heights Neighborhood
3 Beds
2 Baths
26,954 Sq Ft
1.84 Acres

Last Sold December 13, 2019

109 Days on Market

Highlights

  • 1.84 Acre Lot
  • Tile Flooring
  • Property has 1 Level
  • Evaporated cooling system
  • Forced Air Heating System

About This Home

As of December 2019

This property is hard to find combo - new(er) construction, midsize and located on Albuquerque's growing westside. Located within walking distance of the prestigious St. Pius high school, the property is also very close to new employment and retail opportunities.Built in 2003-2006, this 30 unit community contains 29 x 2/1 with washer/dryer hookups, 32 rent free storage spaces, and a large owners/managers' unit - 3/2 + 2 car garage as well as a small onsite management office.Based on the current average rents of $705 per month, the property's measures of investment performance include a 8.96 GRM, 6.83% cap rate before reserves, before tax IRR of 21.7% and an after tax IRR of 17.7%.Value in 3rd party management, charging for storage units & raising rents.

Last Agent to Sell the Property

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 03/28/2019

Last Buyer's Agent

Josephine Graf

RE/MAX SELECT

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 2006

Lot Details

  • 1.84 Acre Lot
  • Additional Parcels

Home Design

  • Frame Construction

Interior Spaces

  • 26,954 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • 30 Units
  • 26,954 Sq Ft Building
  • Built by Huong Hanley
  • Sloans Acres Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101106006749520505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,001

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Directions: From I-40 and Coors, north on Coors to Sequia, west to Atrisco, north to property
  • Listing Contract Date: 2019-03-28
  • Year Built: 2006
  • Lot Size Acres: 1.84
  • Subdivision Name: Sloans Acres Sub
  • Unit Levels: One
  • New Construction: No
  • Year Built Details: 10 - 15
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 8
  • Basement YN: No
  • Total Bedrooms: 3
  • Living Area: 26954.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Huong Hanley
  • Construction Type: Frame
  • Property Condition: Resale

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry Features: Washer Hookup, Dryer Hookup, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 79998.0
  • Additional Parcels: Yes
  • Parcel #: 101106006749520505
  • Zoning Description: R-ML*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 30

Tax Info

  • Tax Annual Amount: 5000.98

Range of Values:

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Average Value
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List Price
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 Change Sq Ft Price
12/13/2019 12/13/19 Sold -- -- --
07/15/2019 07/15/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $2,272,500 -- $84 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Todd Clarke

    Seller's Agent in 2019

    Todd Clarke

    NM Apartment Advisors, Inc.

    (505) 480-8885

    1 in this area

    226 Total Sales

    Todd Clarke
    Section Image

  • J

    Buyer's Agent in 2019

    Josephine Graf

    RE/MAX

See All Agents

Map

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

MLS Number: 940537

Southwest MLS (Greater Albuquerque Association of REALTORS®)
New Mexico Bernalillo County Albuquerque 87120 Ladera Heights

4113 Atrisco - 4201-4209 Dr NW, Albuquerque, NM

This home is located at 4113 Atrisco - 4201-4209 Dr NW, Albuquerque, NM 87120 since 28 March 2019. This property was built in 2006. 4113 Atrisco - 4201-4209 Dr NW is a home located in Bernalillo County with nearby schools including Chaparral Elementary School, John Adams Middle School, and West Mesa 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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