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Image 1 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 2 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 3 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 4 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 5 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 6 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 7 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Image 8 - Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA - House for sale

Home For Sale In Albuquerque, New Mexico

Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA

Home For Sale In Albuquerque, New Mexico

house for sale

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Listed: 03/05/24

Coronado Apartments, 8010 Zuni Road Southeast, Albuquerque, NM 87108, USA

3 Bed:

2 Bath:

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Price

$ 956,188

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About This House

New Mexico Apartment Advisors is pleased to bring El Pueblito, a 15 unit apartment community back to market. Available for the first time in decades, this value add opportunity is an amazing chance to build on the pueblo modern architecture while pursuing the double digit rent growth the city of Albuquerque is currently undergoing.Located on a traffic calming cul-de-sac, 300-314Rhode Island SE has classic NM architecture in a three building family compound layout.With the average rents of $576 and at the ask price of$956, 188the measures of investment performance include a GRM of 9.22, a before reserves cap rate of 6.81% and an after tax IRR of 16.9%.

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Trumbull Village Housing & Living

Household Income

Median household income: $51,099

Number of households: 228,491

The average household income in Albuquerque, NM grew from $50,456 to $51,099 in the past year. This data is an estimate based upon 228,491 households in Albuquerque, NM.
The chart below presents how household income is distributed in Albuquerque, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albuquerque, NM compared to median property taxes around the country. The prevalent amount of property taxes in Albuquerque, NM equals $2k-$3k , which is less than the national average.

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