4419 Fourth NW, Albuquerque, NM 87107

$9,340,000
68,850
SqFt
List Price
$9,340,000
MLS#
928346
Property Type
Multifamily
Sqft. of Residence
68,850
Lot Size
50,473
Region
North Valley
Status
ACTIVE
Estimated Age
<1

Property Description

Located in the heart of the north valley along Albuquerque's original Route 66 and at 4419 Fourth NW, this brand new construction apartment community offers an amazing chance to own an investment property in an underserved sub-market.Welcome to the future - the North Fourth Village apartments represent what Albuquerque's new IDO zoning allows - higher density, mixed use, gated parking and more.Built in two phases and completed this year, the property offers 69 residential units over 6 commercial units. The property offers elevator service, 33 covered parking spaces, common trash chutes, community library area, and most units have w/d hookups, granite counter tops, plank flooring, walk-in closets and upgraded unit finishes.See flyer for measure of investment performance.

Additional Information

County
Bernalillo
Age
<1
Acres
1.16
Approximate Taxes
79875.0
Annual Gross Income
755365.0
Appliances Included
Refrigerator
Detached Type
Yes
Disability Access
Yes
Financing
Cash, Conventional
Floor Number
75
Flooring
Carpet, Tile, Vinyl
Garage Spaces
83
Operating Expenses
263914.00
Owner Pays
Other - See Remarks
Tenant Pays
Other - See Remarks
Total
75
Total
1
Township
New Construction
Utilities
All City
Zoning
MX-M*

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of NM Apartment Advisors, Inc..

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-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.