$2,386,000

300 W Bluff NW

Albuquerque NM, 87121

Description

100% LEASED MHP | EXCELLENT FOR A 1031 EXCHANGE Sale Price: $2,386,000 Net Operating Income: $156,279 Cap Rate: 6.5% Zoning: PD, Planned Development | Located in a HUB Zone and Opportunity Zone Property Highlights: 28-unit park | 14 spaces leased & 14 spaces leased with seller-owned homes. Adjacent to trail, park, playground and athletic courts Fully Leased | Month-to-month leases Low-maintenance asset Convenient access to I-40 & 98th St. Excellent opportunity for 1031 Exchange Located in a HUB Zone and Opportunity Zone

Details

MLS#201904270
Sub-TypeResale
StatusActive
Days On Site36

Features

SQ Feet174,240
Story(s)1
ZoningSeeRmks

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87121
Area20-Albuquerque
Listing VS Median (in 87121)
Price:
$2,386,000
low | high
Med:
$1,277,950
96.439647946354% of Average
SqFt:
174,240
low | high
Med:
88,185
99.388774104683% of Average
$ / SqFt:
$14
low | high
Med:
$47
100% of Average
On Site:
36
low | high
Med:
63.500000
56.692913385827% of Average
Listing Updated: 10/21/2019
MLS Number: 201904270
Listing Provided By:
Carlos Garcia  of  NAI Maestas Ward Santa Fe
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