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Southeast Heights Multifamily Portfolio

2 Multifamily Properties Offered at $1,044,000 in Albuquerque, NM

Executive Summary

Colliers is pleased to bring to market this portfolio of three Southeast Heights multifamily properties. The portfolio has 10 total units and a strong performance history. This is an ideal opportunity to build an investment portfolio or add to an existing portfolio. 1310 San Pedro Dr. SE is a four unit complex located nearby the VA Medical Center and all units feature wood burning fireplaces and in-unit laundry hookups. 314 & 316 Tennessee St. SE is made up of two triplexes offering tenants a private outdoor space and each unit has its own garage and in-unit laundry hookups.
Full Offering Memorandum is available upon request with signed confidentiality agreement.

Property Facts

Price $1,044,000
Price / SF $90.35 / SF
Cap Rate 8.27%
Sale Type Investment
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 11,555 SF
Total Land Area 0.58 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1310 San Pedro Dr SE, Albuquerque, NM 87108 Multifamily 3,232 SF 1979 -
314-316 Tennessee St SE, Albuquerque, NM 87108 Multifamily 8,323 SF - -
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  • Listing ID: 30417467

  • Date on Market: 12/21/2023

  • Last Updated:

  • Address: Southeast Heights Multifamily Portfolio, Albuquerque, NM

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