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Gatewood Mobile Home Park
1143 Gatewood Ave SW Albuquerque, NM 87105
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Overview
An income producing investment opportunity. Well-maintained site with spacious circulation. ±0.50 + Acres of vacant land; potential to add 4 to 5 homes. Strong historical occupancy with minimal vacancy. Nearby amenities including restaurants, schools and services. Quick access to I-25 via Bridge Ave.. Albuquerque is a promising market for growth with high demand for affordable housing. Attractive owner financing terms
available to qualified buyers.
Attachments
For Sale
Multifamily
- Investment
- Yes
- Cap Rate
- 7.7%
- Net Operating Income
- $174,489
- Acres
- 2.69 ac
- Zoning
- R-1
- Number Of Buildings
- 16
- Floors
- 1
- Year Built
- 1960
- Submarket
- South Valley
- Nearest MSA
- Albuquerque
- Property Use Type
- Investment
- Lot Width
- 415 ft
- Lot Depth
- 540 ft
- In Opportunity Zone
- Yes
- Total Units
- 15
- County
- Bernalillo
- Created
- 2023-07-31
- Updated
- 2024-12-23
- Listing ID
- da5a739a
- Parcel APN
- 101205645419041111