1112 Edith Blvd NE

Multi-Family

1112 Edith Blvd NE, AlbuquerqueNM 87102

Property Details

Location

Address
1112 Edith Blvd NE, AlbuquerqueNM 87102
County
Bernalillo
Submarket
Downtown

Building Size

Building Size
1,479 SF

Building Details

Type
 Multi-Family
Number of Buildings
2
Occupancy Type
Multi-tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1916
Sprinklers
Parking Ratio

Land & Utilities

Land (Acres)
0.12 Acres
Land (SF)
5,009 SF
Zoning
Lot Depth
Lot Width

Contacts

Current Listings

Downtown Area duplex in Martinez town with MX-L zoning - $221,066

Good morning!

1112 Edith NE is back on the market with full inspections available to qualified investors who register for additional confidential information at http://www.nmapartment.com/edith1112

NM Apartment Advisors Inc. is excited to bring to this two-unit community to market. Located at 1112 Edith NE this downtown/Martinez Town is walking distance to Starbucks and the Central Business district and biking distance to UNM or CNM and Downtown Medical Clusters.

The property has a valuable mixed-use-light (MX-L) zoning which allows for live/work, retail, office, and residential uses and opens the door for a redevelopment in the long term.

The front house is two bedroom, one bathroom, vacant and will only be showed on the tour date, but you can get a sense of the thick adobe walls and quirks that are quintessentially in north valley properties. Virtual tour at http://www.nmapartment.com/1112edith3d

If rents were raised to market average of $1,073, the measures of investment performance improve to a 8.53% cap rate, and a 16.33% cash on cash.

22 page flyer and additional information at http://www.nmapartment.com/apt/NMAA-Edith1112NE.pdf

Do not wait, quality multifamily properties are few and far between!

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

NM Apartment Advisors, Inc.

Good morning!

1112 Edith NE is back on the market with full inspections available to qualified investors who register for additional confidential information at http://www.nmapartment.com/edith1112

NM Apartment Advisors Inc. is excited to bring to this two-unit community to market. Located at 1112 Edith NE this downtown/Martinez Town is walking distance to Starbucks and the Central Business district and biking distance to UNM or CNM and Downtown Medical Clusters.

The property has a valuable mixed-use-light (MX-L) zoning which allows for live/work, retail, office, and residential uses and opens the door for a redevelopment in the long term.

The front house is two bedroom, one bathroom, vacant and will only be showed on the tour date, but you can get a sense of the thick adobe walls and quirks that are quintessentially in north valley properties. Virtual tour at http://www.nmapartment.com/1112edith3d

If rents were raised to market average of $1,073, the measures of investment performance improve to a 8.53% cap rate, and a 16.33% cash on cash.

22 page flyer and additional information at http://www.nmapartment.com/apt/NMAA-Edith1112NE.pdf

Do not wait, quality multifamily properties are few and far between!

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

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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.

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Source: CARNM

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