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3410 Vail Ave SE
Albuquerque, NM 87106

Price Reduced! Upgraded 16-Units | Value-Add · Multifamily Property For Sale · 16 Units

INVESTMENT HIGHLIGHTS

  • Excellent Unit Mix: 100% 2 Bedroom-1 Bathroom Units (± 750 SF)
  • Renovated Units & Amenities: In-Unit Washers & Dryers (94%), Private Enclosed Courtyards (75%), Skylights, and Gated Property.
  • Improving Submarket: Equidistant to 70-Acre Max Q Development & Upscale Ridgecrest Neighborhood.
  • 2014-2017 Improvements: TPO Roofs (2016-2017), Electrical, Plumbing, Vinyl Double-Pane Windows, and Appliances.
  • Well-Below Market Lease Rates: Avg. In-Place Lease Rates are 45.08% Below Competitors.
  • Individual Unit Gas & Electricity Meters (Tenant Responsibilities).

PROPERTY FACTS

No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.72 AC
Building Size 12,954 SF
Average Occupancy 94%
No. Stories 1
Year Built 1962

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Kitchen
  • Oven
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 16 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-016-056-411090-4-06-20
  • 1-016-056-428092-4-06-16
  • 1-016-056-417091-4-06-18
  • 1-016-056-426078-4-06-04
  • 1-016-056-422078-4-06-03
  • 1-016-056-423092-4-06-17
Land Assessment
$71,114
Improvements Assessment
$374,762
Total Assessment
$445,876

ZONING

Zoning Code R-MH
R-MH
  • Listing ID: 32557817

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 3410 Vail Ave SE, Albuquerque, NM 87106

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