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2128 Coal Ave SE
2128 Coal Ave SE, Albuquerque, NM 87106
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Overview
Introducing a strategic investment opportunity in Albuquerque, NM! Zoned MX-L, this property offers versatile potential for multifamily or high-rise development. Its prime location and adaptable zoning make it a compelling choice for investors in the local market.Property must close at the same time as 2130 Coal Ave SE
Four-plex building
Prime Albuquerque location
Ideal for multifamily or high-rise development
Versatile potential
Strategic investment opportunity
For Sale
Multifamily
Investment
- Sale Price
- $585,000
- Cap Rate
- 4.81%
- Building Size
- 2,620 SF
- Acres
- 0.1746 ac
- Zoning
- MX-L
- Zoning Description
- Low Intensity
- Gross Income
- $47,400
- Net Operating Income
- $28,132
- Total Expenses
- $16,424
- Submarket
- University
- Nearest MSA
- Albuquerque
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Total Units
- 4
- County
- Bernalillo
- Created
- 09/09/2024
- Updated
- 10/02/2024
- Listing ID
- ac9fbaa5
- Parcel APN
- 101505750707640313
Contact Broker
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