2100 High Street SE

Albuquerque, NM 87102 · Torreon Addition
$735,000

About this property

Exceptional investment opportunity! This beautifully remodeled fourplex offers a rare and highly desirable unit mix of four spacious, two-story, 3-bedroom, 1.5-bathroom units. Completely renovated from top to bottom, this property has been transformed with no shortcuts taken. Everything has been updated or replaced, delivering a truly turnkey investment with minimal anticipated maintenance and no immediate renovation work needed.Boasting an impressive 6.57% cap rate with substantial upside in rental income, this property offers investors the perfect combination of strong in-place returns and future growth potential. Current rents leave considerable room for increases, providing an opportunity to further improve cash flow and overall property value.Ideally situated in a highly desirable location, the property is just a short walk from Lobo Crossings, an exciting 38-acre mixed-use retail and dining development currently under construction. This major nearby development adds to the property's long-term investmen

Location

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Details

Price
$735,000
Beds
6
Baths
4
Square feet
2,588
Lot size
0.16 acres
Year built
1982
Type
Quadruplex
Neighborhood
Torreon Addition
Heating
Central,ForcedAir
Cooling
EvaporativeCooling
MLS #
1113511

Listed by Trey W. Whaley, Trinity Apartment Company LLC · (505) 622-3240. Data from the Southwest MLS, refreshed every 15 minutes.

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