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Platinum Realty Group
505-944-6544
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312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108

$324,969

312 Charleston Street NE, Albuquerque, NM, 87108

20
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
Courtesy of: NM Apartment Advisors, Inc.
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108
312 Charleston Street NE, Albuquerque, NM, 87108

Information

Price: $324,969
Days On Market: 50
Year Build: 1961
Square Footage: 2,581 Sq ft
Bedrooms: 2

Details

Address: 312 Charleston Street NE
County: Bernalillo
City: Albuquerque
Neighborhood: Loma Verde, 70 - Fairgrounds
Zip: 87108
State: New Mexico

Description

The sellers are open to selling the property as 12 units, or three fourplexes under the following price schedule:308 Charleston NE -$363,253 - $777 rents - 9.74 GRM - 5.46% before reserves Cap rate - 14.90% after tax IRR312 Charleston NE -$324,969 - $722 rents - 9.38 GRM - 5.49% before reserves Cap rate - 15.20% after tax IRR320 Charleston NE -$249,757 - $660 rents - 7.88 GRM - 5.57% before reserves.312 Charleston SE has slightly lower income (average rents of $722) and at the ask price of $324,969 the measures of investment performance include a GRM of 9.38, a before reserves cap rate of 5.49% and an after tax IRR of 15.20%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 6.76%, and cash on cash of 8.75%

Location

Map

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Print Details
Courtesy of: NM Apartment Advisors, Inc. Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Updated: 14th August, 2022 9:14 AM (UTC)

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