433 Mesilla & 437 (4 lots) ST SE, Albuquerque, NM 87108
433 Mesilla & 437 (4 lots) ST SE, Albuquerque, NM 87108
433 Mesilla & 437 (4 lots) ST SE, Albuquerque, NM 87108
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Listed by NM Apartment Advisors, Inc.
$2,323,232
Est. payment /mo
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3 Beds
2 Baths
14,688 SqFt
New

433 Mesilla & 437 (4 lots) ST SE Albuquerque, NM 87108

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Anita Mora

Anita Mora

+1(505) 400-8105

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,688 sqft

Price per Sqft $158

Subdivision Emil Mann Addition

MLS Listing ID 1105475

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1979

Annual Tax Amount $12,250

Lot Size 0.600 Acres

Acres 0.6

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Historic OwnershipSince its original construction and development, the Four33/Four37 Apartments have had only a handful of owners.The owner with the longest period of stewardship and the original developer was Weldon ''Connie'' Alexander, who was the voice of the UNM Lobos for over a decade. Connie was a UNM athlete and inducted into the UNM Sports Hall of Fame in 2003. As a local lender, investor, landlord and community leader, he led the charge for the rebranding of this neighborhood to support Ta-Lin and the cultural diversity as the ''International District''.Measures of investment performance at the current asking price of $2,323,232 and with average rents of $755, include a low price per unit of $72,601, a price per square foot of $158, a GRM of 8.02, a cap rate of 6.33%, and

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Wall Furnace

Cooling Evaporative Cooling

Flooring Tile, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Accessibility None

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Construction Status Resale

Others

Tax ID 101905608747722104

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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Anita Mora

Anita Mora

Broker | License ID: 46134

+1(505) 400-8105

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433 Mesilla & 437 (4 lots) ST SE