2501 Barcelona

Multi-Family: Low-Rise

2501 Barcelona Rd. SW, AlbuquerqueNM 87105

Property Details

Location

Address
2501 Barcelona Rd. SW, AlbuquerqueNM 87105
County
Bernalillo
Submarket
South Valley
Parcels
101105440006141205

Building Size

Building Size
9,875 SF
Rentable Space
9,875 SF

Building Details

Type
 Multi-Family: Low-Rise
Number of Buildings
Number of Units
13
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

13 Unit Multi-Family

9,875 SF$1,200,000
Cap Rate: 8%
Realty One of New Mexico dba R1 Commercial

This 13 Unit property is located on a quiet SW Albuquerque St with easy access to Rio bravo, Coors and Isleta. Walking distance to Barcelona Elementary. Two units have washer/dryer included. The other 11 units use a separate, on site, washer/dryer, coin op, system. Each unit has a 30x30 fenced back yard. There is a separate unattached 3 bdrm unit that can be used for an owner or managers living quarters. The property is just shy of 1 acre and there is room to add units. The property needs a bit of lipstick but is in good basic shape. Ownership has renovated some of the units as they became vacant. The 8% cap rate is based on actuals. Current rents are below market rent rates.

Realty One of New Mexico dba R1 Commercial

This 13 Unit property is located on a quiet SW Albuquerque St with easy access to Rio bravo, Coors and Isleta. Walking distance to Barcelona Elementary. Two units have washer/dryer included. The other 11 units use a separate, on site, washer/dryer, coin op, system. Each unit has a 30x30 fenced back yard. There is a separate unattached 3 bdrm unit that can be used for an owner or managers living quarters. The property is just shy of 1 acre and there is room to add units. The property needs a bit of lipstick but is in good basic shape. Ownership has renovated some of the units as they became vacant. The 8% cap rate is based on actuals. Current rents are below market rent rates.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CARNM

More Information

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