5117 2nd Street, Albuquerque, NM 87105
$1,100,000
Property Type:
Commercial Sale
Square Footage:
800
Lot Size (sq. ft.):
306,357
Status:
Closed
Current Price:
$1,100,000
List Date:
12/31/2015
Last Modified:
3/05/2018
Description
1st MHP is on 7.033 Acres with 28 Units and a Grocery Store ($1,100,000). Located in the Unincorporated area of Albuquerque. Willing to consider a Partial Trade and a REC with a Reasonable downpayment. These Mobile Home Parks are on Well Water and all other City Utilities. City Water Hookup is available at the Street if the new owner would prefer. Water is tested monthly. The zoning is R1 with SU MHP. Main MHP has been divided into 14 1/2 Acre lots; Please do not disturb the tenants! Thank you for your consideration of this fine investment property. Back on the market, inspections complete. Ready to go!!!
More Information MLS# 855935
Status Change Info
Pending Date: 2015-12-01
Closing Date: 2015-12-30
Contract Information
Listing Price: 1100000
Current Price: $1,100,000
List Price/SqFt: 1375
Status: Closed
Location
Street #: 5117
Street Name: 2nd
St Suffix: Street
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87105
Zip +4: 0762
Directions: Located between Rio Bravo and South 2nd Street.
Geo Lat: 35.003211
Geo Lon: -106.663311
Area: 80 - Downtown Area
Zone Atlas: NOZA
General Property Description
Property Sub-Type: Mobile Home Park
Apx Structured SqFt: 800
SqFt Source: Broker
Acres: 7.03
Lot SqFt: 306357.48
Apx Lot Dim Front: 373.71
Apx Lot Dim Side: 919.19
Lot Size Source: Plat
Total # Stories: 1
# Parking Spaces: 36
Docks: No
Door Height: Unknown
Disability Access: Unknown
% Occupied: 90
Transaction Type: Sale
Tax & Legal Info
UPC Code: 101305233609740207
Short Legal Desc: MHP ON 14 TRACTS OF GARDEN HOME PL SUB, LOC AT 420 BEAR LN SW, 5113&5117 2ND ST SW, ZONED R1, & CONTAINING APPRX 7 ACRES
GRT Code: 02-002
Current Taxes: 1040.56
Tax Exemption: Unknown
Income & Expenses
Annual Oper Expenses: 20026.02
Annual Gross Income: 110400
Lease Term/Months: 1
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Property Features
Location: Downtown; Downtown
Construction: Frame
Exterior Material: Stucco
Utilities: Some City; Well
Heating: None
Cooling: Central Air
Lease Information: Assumable/Assignable
Docs/Data Available: Aerial Map; Disclosure Statement; Existing Leases; Plat Map; Survey; Zone Atlas Maps
Finance Considered: Cash
Zoning: R-1
Listing Office: Re/Max Advantage
Last Updated: March - 05 - 2018
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.