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The information contained herein was obtained from sources believed reliable; however, the brokers makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice. |
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Arizona Studios 24 unit Apartment Community 1100, 1104, 1108 Arizona SE—Albuquerque, New Mexico 87108 |
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Assumable favorable financing ideal for 1031 exchange buyer! |
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Marketing by: |
505.480.8885 NM Apartment Advisors Inc. |
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Executive Summary |
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24 |
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units |
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1975 |
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Approx. Year Built |
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2004 |
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Year Renovated |
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9,600 |
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Total SF |
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400 |
sf |
Avg. unit Size |
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$378 |
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Avg. Rent |
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36 |
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Parking |
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Investment Information |
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$879,000 |
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List Price |
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$36,625 |
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$/Unit |
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$ 91.56 |
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$/sf |
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8.07 |
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GRM |
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7.0 % |
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CAP |
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Before Reserves |
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Property Information |
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$0.95 |
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Avg. Rent |
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Utilities Paid |
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Sub-Market Information |
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95.5% |
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Occ. |
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$0.80 |
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Avg. Rent |
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9,222 |
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Total Units |
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City Market Information |
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95.6% |
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Occ. |
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$0.77 |
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Avg. Rent |
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$56,246 |
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Avg. Sales $/unit |
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79,918 |
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Total Units |