BEDS3
BATHS
SQUARE FEET14,688
MLS#1105475
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEmil Mann Addition
Property Description
Historic OwnershipSince its original construction and development, the Four33/Four37 Apartments have had only a handful of owners.The owner with the longest period of stewardship and the original developer was Weldon ''Connie'' Alexander, who was the voice of the UNM Lobos for over a decade. Connie was a UNM athlete and inducted into the UNM Sports Hall of Fame in 2003. As a local lender, investor, landlord and community leader, he led the charge for the rebranding of this neighborhood to support Ta-Lin and the cultural diversity as the ''International District''.Measures of investment performance at the current asking price of $2,323,232 and with average rents of $755, include a low price per unit of $72,601, a price per square foot of $158, a GRM of 8.02, a cap rate of 6.33%, and
Property Features
Property Type: Multi Unit - Multiple
Cooling: Evaporative Cooling
Heating: Wall Furnace
Lot Size: 0.60 Acres
Stories: 2.0
Taxes: $12,250
Year Built: 1979
Feature Descriptions
Accessibility: None
Appliances: Refrigerator
Exterior: Stucco
Flooring: Tile, Vinyl
Parcel#: 101905608747722104
Units: 32
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: NM Apartment Advisors, Inc.
Agency Phone: (505) 440-8633
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 828-1000
Estimate Your Payment
Estimated Payment
$ 6,868.95 per month $5,170.51 Principal & Interest $1,020.83 Property Tax $677.61 Homeowner's InsuranceChange Payment Information
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
433 Mesilla & 437 (4 Lots) Street Se | MLS# 1105475
This multi-family property located at 433 Mesilla & 437 (4 Lots) Street Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $2,323,232. Search Albuquerque real estate on www.cblegacy.com today.