1711 Park Avenue SW, Albuquerque, NM 87104 (MLS# 1043342)

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1711 Park Avenue SW, Albuquerque, NM 87104

$2,066,835
Property Type: Residential Income Square Footage: 4,499 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $2,066,835 List Date: 12/06/2023 Last Modified: 1/05/2024

Description

**SUBJECT TO AVAILABLE** RARE Albuquerque Country Club Assisted Living Facility** Real Estate & Business sold together. Residents enjoy the natural sunlight, piano room, outdoor seating areas, and secure facility. It is truly a home for them. There's nothing like this in the Huning Castle district with an aging population. 8 Private Rooms, 1 Shared Room. 3 ADA bathrooms. Don't miss the opportunity to add an operating assisted living facility with a fully remodeled facility in 2018 to your portfolio. This is an unskilled AFL with 10 beds AND a 2 bedroom Manager's apartment upstairs.

More Information MLS# 1043342

Contract Information

Listing Price: 2066835 Current Price: $2,066,835 List Price/SqFt: 459.4 Status: Active Bank Owned: No

Location

Street #: 1711 Street Name: Park St Suffix: Avenue Post Direction: SW County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87104 Zip +4: 1027 Geo Lat: 35.087049 Geo Lon: -106.669451 Area: 80 - Downtown Area Zone Atlas: J13

City/County Data

UPC Code: 101305716152221402

General Property Description

# of Units: 10 5+ Units: Yes Property Sub-Type: Other - See Remarks Apx Structured SqFt: 4499 SqFt Source: Floorplan Lot Size Source: On-Line Acres: 0.19 Lot SqFt: 8276.4 Directions: Central to Laguna. SW on Laguna towards Albuquerque Country Club, turn left on Park Avenue. House is on Left. Stories: 2 Total # of Buildings: 1 Year Built: 1979 Age: 41 - 50 Disability Access: Unknown LBP Disclosure: No Builder: unknown Owner Occupant Unit: Yes Flood Zone: X

Tax & Legal Info

GRT Code: 02-100 Current Taxes: 7780.02 Tax Exemption: Unknown

Basement

Basement: No

Income & Expenses

Annual Gross Income: 583452 Operating Expenses: 353554

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: 10 # of Bedrooms: 9 # Baths: 3 Actual Rent: 5720 Max Rent: 6000 Market Rent: 5720

Unit Summary

Total Units: 10 Average Actual Rent: 5720 Annualized: 686400 Total Actual Rent: 57200

Property Features

Construction: Frame Exterior Material: Brick/Wainscoting; Masonite Build Description: Resale Amenities: Alarm Owned; Balconies/Deck; Ceiling Fan(s); Laundry Equip. Owned; Skylights; Sprinklers Appliances included: Compactor; Dishwasher; Disposal; Dryer; Frestnd Gas Stv/Ovn; Range Hood; Refrigerator; Washer Utilities: Cable Available; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Heating: Central Forced Air; Zoned Cooling: Central Air; Multi Units; Refrigerated Flooring: Tile Green Energy Generation: None Electric Provider: Public Utility Miscellaneous Info: Some Furnished Metering: All Master Metering Owner Pays: Electric; Gas; Sewer; Trash Removal; Water Tenant Pays: None Roof: Pitched; Shingle Rental Info: Other - See Remarks Finance Considered: Cash; Conventional; Owner Financing; Other - See Remarks Zoning: R-1D*
Listing Office: Realty One of New Mexico
Last Updated: January - 05 - 2024

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