7010 4th Street NW, Albuquerque, NM 87107
$1,295,000
Property Type:
Commercial Sale
Square Footage:
22,000
Lot Size (sq. ft.):
145,965
Status:
Closed
Current Price:
$1,295,000
List Date:
6/15/2010
Last Modified:
8/09/2017
Description
Extremely Rare Incredible Investment! This is what you have been looking for. 209 STORAGE UNITS AND, A 22 UNIT MOBILE HOME PARK, AND MANAGER'S UNIT ALL IN ONE! You Should Look at This Property In Land Value Alone! All Steel Storage Units are excellent rentals and Mobile Home Tenants are Loyal. Excellent Income Stream W/ Improvable Rents. VERY ATTRACTIVE First/Assumable W/ Qualifying at 7.2%. Seller WILL Consider RECs and TRADES!
More Information MLS# 685291
Status Change Info
Pending Date: 2011-06-07
Closing Date: 2012-03-19
Contract Information
Listing Price: 1295000
Current Price: $1,295,000
List Price/SqFt: 58.86
Status: Closed
Location
Street #: 7010
Street Name: 4th
St Suffix: Street
Post Direction: NW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87107
Directions: On 4th Street Between Ranchitos and Osuna. On the East Side. ***Just North of Osuna***
Geo Lat: 35.163454
Geo Lon: -106.636338
Area: 100 - North Valley
Zone Atlas: D15
General Property Description
Property Sub-Type: Mobile Home Park
Apx Structured SqFt: 22000
SqFt Source: Broker
Acres: 3.35
Lot SqFt: 145965
Apx Lot Dim Front: 789.06
Apx Lot Dim Side: 185.15
Addl Lot Dim: Angles at back
Lot Description: Approx 3.423 AC
Lot Size Source: Survey
Total # Stories: 1
Ceiling Height Range: 20x10
# Parking Spaces: 44
Docks: No
Door Height: 9.00
Disability Access: Yes
HVAC: No
% Occupied: 89
Transaction Type: Sale
Tax & Legal Info
UPC Code: 101506313813630815
Short Legal Desc: S 21, T 11 North, R 3 East NMPM tract 179-B
GRT Code: 02-200
Current Taxes: 11075.8
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 91632
Annual Gross Income: 115950
Annual Insurance: 9400
Annual Utilities: 20452
Annual Bldg Maint: 11000
Annual Mgmt Expense: 22680
Lease Term/Months: 1
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: Yes
Zoning
Zoning Verified: No
Property Features
Location: Downtown; Freestanding; Other - See Remarks; Downtown; Freestanding; Other - See Remarks
Construction: Metal
Exterior Material: Aluminum Siding; Metal Siding
Property Access: E Property Line
Road Surface Type: Paved
Utilities: Cable Available; Electricity Available; Natural Gas; Some City
Heating: Gas
Cooling: Evaporative Cooling
Tenant Pays: Electric; Gas; Sewer
Features: Fenced Yard; Security Lighting; Storage
Lease Information: Call List Office
Parking: Assigned Parking; Onsite
Docs/Data Available: Disclosure Statement; Survey; Title Policy; Zone Atlas Maps
Finance Considered: Cash; Owner Financing
Zoning: SU
Listing Office: Re/Max Alliance, REALTORS
Last Updated: August - 09 - 2017
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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