1 Bedroom homes for sale & real estate in 87131, NM

1 Bedroom Homes for Sale in 87131, NM

This is a core asset with stabilized cash flows that could also be a value-add opportunity if an investment was made in upgraded finishes for the balance of the units. CORE AssetMeasures of investment performance at the ask price of $2,661,159 and current average rents of $792 a month are a GRM of 10.77, a 6.62% cap rate, $102,352 per unit, $204/sf, and an after tax internal rate of return is 13.20%And Value AddThe property is currently 24% below market rents and that does not take into account the double digit annual rent growth the market is enjoying. If the rents are raised to the market of $1,023, the metrics of investment performance improve to a cap rate of 8.03% and a cash on cash of

1 Bedroom Homes for Sale in 87131, NM

Price Improvement: $265,000! Discover the charm of urban living in this stunning third-floor, one bedroom/one bath condo! Perfectly situated within a short stroll of local businesses, restaurants and cafes. Modern kitchen features granite countertops, under-cabinet accent lighting, extra depth sink, and a custom island accentuated with designer pendant lights. Stylish living space with custom ceiling fans, track lighting, and floor to ceiling sliding glass doors opening to a Juliet balcony. Secure complex includes gated entry, elevator access, an in-ground pool and common area. HOA covers essentials such as building exterior maintenance, water, sewer, and trash, allowing you to focus on en

1 Bedroom Homes for Sale in 87131, NM

Attention Buyers this home may be eligible for a community special rate pricing where buyer's interest rate can be lower than the market rate. Inquire with seller's trusted lender for more! Discover this charming adobe home in the historic Martinez Town neighborhood of Albuquerque, New Mexico. This beautiful residence seamlessly blends traditional Southwestern architecture with modern finishes. Enjoy freshly textured walls, new light fixtures, and vibrant paint throughout the home. The updated kitchen features brand-new stainless steel appliances and natural light fills the space thanks to new windows, creating a warm and inviting space, new flooring throughout the space enhances the flow a

1 Bedroom Homes for Sale in 87131, NM

Location Location! 6 units! 2 buildings across from UNM in historic Silver Hill neighborhood, always rented with fantastic income! FOUR PLEX + DUPLEX! 121 Terrace - 1 bed 1 bath units. appx 500SF/ea Original built in cabinets, drawers and shelving in each unit. 2 storage units. Evaporative coolers/wall furnaces. Individual gas and electric meters. 117/119 Terrace large 1bed 1 bath units with screened porches and basements! Appx 800+SF/ea Hardwood floors, dining room, large bedrooms. Basements on each unit for added storage. Evaporative coolers and floor furnaces. Individual gas and electric meters. There is room for some minor updating for increased rental value. Amazing location for stude