3800 FLORA VISTA Avenue SW, Albuquerque, NM 87121
$1,690,000
Property Type:
Residential Income
Lot Size (sq. ft.):
47,916
Status:
Closed
Current Price:
$1,690,000
List Date:
8/06/2022
Last Modified:
10/27/2022
Description
Opportunity!! Great Muti Family Apartment Complex! First time for sale in 23 years! Close to shopping and schools! 22 Units comprising Two Studio Apartments, Four 1 bed/1 bath and 16 2 bed/1 bath units! Well maintained! Gated owner's storage area! Abundance of parking, nice layout with primarily single story units! Do not disturb tenants, offers subject to inspection! Hurry!!
More Information MLS# 1020417
Status Change Info
Pending Date: 2022-08-12
Closing Date: 2022-10-25
Contract Information
Listing Price: 1690000
Current Price: $1,690,000
Status: Closed
Bank Owned: No
Location
Street #: 3800
Street Name: FLORA VISTA
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87121
Zip +4: 5168
Geo Lat: 35.029072
Geo Lon: -106.714962
Area: 92 - Southwest Heights
Zone Atlas: N10
City/County Data
UPC Code: 101005339752110415
General Property Description
# of Units: 22
5+ Units: Yes
Property Sub-Type: 9 or More Units
Lot Size Source: On-Line
Acres: 1.1
Lot SqFt: 47916
Directions: North on Coors from Rio Bravo* West on Flora Vista* 3800 Flora Vista SW
Stories: 1
Total # of Buildings: 3
Year Built: 1979
Age: 51 - 60
# Parking Spaces: 40
Disability Access: Unknown
LBP Disclosure: No
Builder: Barboa
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 9562.42
Tax Exemption: Unknown
Basement
Basement: No
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 16
# of Bedrooms: 2
# Baths: 1
Style: Two bed / Two Bath
Approx. SqFt: 650
Actual Rent: 695
Max Rent: 825
Market Rent: 825
# of Unit Types (2)
# of Units: 4
# of Bedrooms: 1
# Baths: 1
Style: One bed/ One bath
Approx. SqFt: 550
Actual Rent: 695
Max Rent: 750
Market Rent: 750
# of Unit Types (3)
# of Units: 2
# Baths: 1
Style: Studio
Approx. SqFt: 400
Actual Rent: 425
Max Rent: 575
Market Rent: 575
Unit Summary
Total Units: 22
Average Unit Size: 609.09
Average Actual Rent: 670.45
Annualized: 177000
Total Actual Rent: 14750
Property Features
Construction: Frame
Exterior Material: Stucco
Build Description: Resale
Amenities: Some Landscaping
Appliances included: Disposal; Frestnd Gas Stv/Ovn; Refrigerator
Utilities: Cable Available; Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Heating: Central Forced Air; Wall Unit
Cooling: Evaporative Cooling
Flooring: Carpet; Tile
Electric Provider: Public Utility
Electric: None
Miscellaneous Info: No Sign
Metering: Individual Electric; Individual Gas
Operating Expenses: All
Owner Pays: Sewer; Some Utilities; Trash Removal; Water
Tenant Pays: Electric; Gas
Parking: 1.5 Spaces Per Unit
Roof: Pitched; Shingle
Rental Info: Current Lse Agreemnt; Month To Month; Rental History Avail
Finance Considered: Cash; Other - See Remarks
Source: Owner Provided
Zoning: MX-L*
Listing Office: Brokerage of New Mexico
Last Updated: October - 27 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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