$650,000

12100 Candelaria Rd NE Albuquerque, NM 87112

Estimated payment $3,894/month

Total Views 10,096
2 Beds
1 Bath
3,318 Sq Ft
$196 Price per Sq Ft

Highlights

  • Evaporated cooling system
  • Tile Flooring
  • Laundry Facilities
  • Eldorado High School Rated A
  • Forced Air Heating System
  • Property has 1 Level

About This Home

The property contains four, large one-story courtyard style apartment homes with unique, very private backyards and patio spaces. Each apartment is also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the east, 12120 Candelaria NE which will be available for sale at $750,000, after 12100 Candelaria NE closes. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $650,000 and average rents of $1,125 are a GRM of 12.04, a 6.19% cap rate, $162,500 per unit.Assuming a new loan with a 25% down payment, an interest rate of 6.25% and 30 year amortization, an owner can live on the property for as little $82

Listing Agent

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 01/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,647

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • Additional Parcels

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • 3,318 Sq Ft Home
  • Property has 1 Level

Flooring

  • CRI Green Label Plus Certified Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 102205934953512533

Community Details

Overview

  • 3,318 Sq Ft Building
  • Brentwood Hill Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $12,456
  • Gross Income $51,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,647

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: From Tramway and Candelaria, west to property.
  • Listing Contract Date: 2025-01-25
  • Year Built: 1989
  • Lot Size Acres: 0.3
  • Subdivision Name: Brentwood Hill
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Refrigerator
  • Stories: 1
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Living Area: 3318.0
  • Stories: 1

Exterior Features

  • Disclosures: RANM 2100 Disclosure
  • Builder Name: Unknown
  • Construction Type: Frame, Stucco
  • Property Condition: Resale

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Evaporative Cooling
  • Heating: Central, Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Additional Parcels: Yes
  • Parcel #: 102205934953512533
  • Zoning Description: MX-L*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 51780.0
  • Annual Operating Expense: 12456.0

Tax Info

  • Tax Annual Amount: 3646.8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 For Sale $650,000 0.0% $196 / Sq Ft
02/09/2025 02/09/25 Pending -- -- --
01/25/2025 01/25/25 For Sale $650,000 -- $196 / Sq Ft
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

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See All Homes in Albuquerque

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1077130

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-059-349-535-1-25-33

New Mexico Bernalillo County Albuquerque 87111

12100 Candelaria Rd NE, Albuquerque, NM

This home is located at 12100 Candelaria Rd NE, Albuquerque, NM 87112 and is currently priced at $650,000, approximately $195 per square foot. This property was built in 1989. 12100 Candelaria Rd NE is a home located in Bernalillo County with nearby schools including Eldorado High School, Matheson Park Elementary School, and Hoover Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwest MLS (Greater Albuquerque Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Todd Clarke
Listing Agent
Todd Clarke
Section Image
NM Apartment Advisors, Inc.
(505) 587-8184