$750,000

12120 Candelaria Rd NE Albuquerque, NM 87112

Estimated payment $4,893/month

Total Views 9,247
2 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are 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 west, 12100 Candelaria NE which is available for sale at $650,000. 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 $750,000 and average rents of $1,250 are a GRM of 12.50, a 5.99% cap rate, $187,500 per unit, $185/sf.

Listing Agent

Todd Clarke

NM Apartment Advisors, Inc. License #13711 Listed on: 02/10/2025

Map

Property Details

Home Type

Multi-Family

Year Built

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: 2025-02-10
  • Year Built: 1989
  • Lot Size Acres: 0.33
  • Subdivision Name: TR 29C-2 BLK 29-C BRENTWOOD HILLS
  • Unit Levels: Two
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet
  • Appliances: Refrigerator
  • Stories: 2
  • Number Of Buildings: 1
  • Basement YN: No
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

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

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Additional Parcels: Yes
  • Parcel #: 102205935653712540
  • Zoning Description: MX-L*

Rental Info

  • Tenant Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 56340.0
  • Annual Operating Expense: 13435.0

Tax Info

  • Tax Annual Amount: 4117.9

Range of Values:

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Average Value
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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
03/19/2025 03/19/25 For Sale $750,000 0.0% --
02/10/2025 02/10/25 Pending -- -- --
02/10/2025 02/10/25 For Sale $750,000 -- --
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: 1078050

Southwest MLS (Greater Albuquerque Association of REALTORS®)

APN: 1-022-059-356-537-1-25-40

New Mexico Bernalillo County Albuquerque 87111

12120 Candelaria Rd NE, Albuquerque, NM

This home is located at 12120 Candelaria Rd NE, Albuquerque, NM 87112 and is currently priced at $750,000. This property was built in 1989. 12120 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) 636-3674