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  • DESCRIPTION

    Located in the heart of the north valley along Albuquerque's original Route 66 and at 4419 Fourth NW, this brand new construction apartment community offers an amazing chance to own an investment property in an underserved sub-market.Welcome to the future - the North Fourth Village apartments represent what Albuquerque's new IDO zoning allows - higher density, mixed use, gated parking and more.Built in two phases and completed this year, the property offers 69 residential units over 6 commercial units. The property offers elevator service, 33 covered parking spaces, common trash chutes, community library area, and most units have w/d hookups, granite counter tops, plank flooring, walk-in closets and upgraded unit finishes.See flyer for measure of investment performance.

    KEY DETAILS
    • Price:
    • $9,340,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 68,850
    • Acreage:
    • 1.16
    • Year Built:
    • 2017
    • MLS #:
    • 928346
    • Street Address:
    • 4419 Fourth
    • City:
    • Albuquerque
    • State:
    • NM
    • Postal Code:
    • 87107
    • County:
    • Bernalillo
    • Area:
    • 100 - North Valley
    • Listing Status:
    • For Sale - Active

    Building

    • Age Of Dwelling:
    • <1
    • Amenities:
    • Wshr/Dryr Hu In Unit
    • Builder:
    • J & S Development
    • Construction Description:
    • Frame
    • Ease Of Access:
    • Yes
    • Flooring:
    • Carpet, Tile, Vinyl
    • Number Of Units:
    • 75.00
    • Siding:
    • Stucco
    • Stories:
    • 4
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 68850
    • Year Built:
    • 2017

    Business

    • Annual Gross Income:
    • 755365.00
    • Operating Expense:
    • Other - See Remarks

    Land

    • Approximate Lot Size Range Source:
    • On-Line
    • Conforms To Zoning:
    • Mx-M*
    • Lot Square Footage:
    • 50473.00

    Listing

    • Days On Market:
    • 198
    • Terms:
    • Cash, Conventional

    Money

    • Price Per Square Foot:
    • 135.66
    • Property Taxes:
    • $79,875
    • Tenant Pays:
    • Other - See Remarks

    Structures

    • Parking Spaces:
    • 83.00

    Systems

    • Appliances:
    • Refrigerator
    • Cooling System:
    • Refrigerated
    • Heating:
    • Electric
    • Metering:
    • Individual Electric, Individual Gas

    Source

    • Listing provided by Nm Apartment Advisors

      ALBUQ
    REQUEST SHOWING
    NOTES

    No notes have been added for this home.

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