644 Louisiana Boulevard SE, Albuquerque, NM 87108 (MLS# 1031092)

DO NOT DISTURB TENANTS. Shown by appointment ONLY and will only be shown with accepted deal. 8.00% CAP RATE ON NOI. See broker for financial information. Fully Leased! Recently Remodeled! This Property has been recently remodeled with a number of improvements including new roofs, stucco, windows, doors. Landscaping, paving, and gravel driveway is all new. The units have kitchen remodels including countertops, cabinets, backsplashes, stainless appliances. Apt 1 received a full interior renovation. Apt 2 received a kitchen & living renovation. Apt 3: kitchen renovation, flooring, The 3 bed Home received updates throughout including a kitchen renovation and 3 new refrigerated air units and has a private walled yard area.

Supplements: This investment opportunity is directly off Louisiana south of Central, this property is in an easily accessible location from all directions. The property consists of a free-standing 3-bedroom house, a 2-unit apartment building with 2-one-bedroom apartments, and a free-standing 2-bedroom apartment. The property also has income from a Lamar leased billboard located on Louisiana. Adjacent to this property is a mixed-use building and vacant land that can also be acquired. Don't miss this opportunity to acquire a cash-flowing investment property with upside in one of Albuquerque's strongest rental areas.