- For Sale $1,525,000
- Property Type Multi-Family
- Property Size 8,831 SF
- Units 22
- Lot Size 0.63 Acre
- Cap Rate % 7.86
- Building Class C
- Date Updated Jan 23, 2025
Recent major capital improvements
Year-End 2 Pro Forma Cap Rate: 10.86% *Market & Section 8 Lease Rates (2024).*
Year-End 2 Pro Forma Cap Rate: 11.48 *100% Section 8 Lease Rates (2024).*
June 2024 lease rates are 32.17% below 2024 full-service Section 8 Voucher Standards.
Capital Improvements: Porch landings & awnings, wrought-iron permitter fence, electrical panel, welded crawl space covers, shell space unit conversion, exterior paint, and stucco repair
Property Security: Limited access pedestrian gates and automatic car gate
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
71/100
Very Walkable
-
Transit Score ®
42/100
Some Transit
-
Bike Score ®
68/100
Bikeable
- City Albuquerque, NM
- Neighborhood Trumbull Village
- Zip Code 87108
- Market Albuquerque
Points of Interest
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Africa Train Station
5.54 miles
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Asia Train Station
5.79 miles
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Montaño
5.83 miles
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Bernalillo County/International Sunport
6.17 miles
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Tingley Station
6.34 miles
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Aquarium/Garden Station
6.75 miles
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Los Ranchos/Journal Center
7.66 miles
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Sandia Pueblo
9.59 miles
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Alon
0.46 miles
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Circle K
0.78 miles
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Chevron
0.88 miles
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Pump-N-Save
1.12 miles
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Smith's gas station
1.20 miles
-
Murphy Express
1.30 miles
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Valero
1.31 miles
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Gibson Food Mart
1.51 miles
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Tesla Supercharger
3.66 miles
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ChargePoint
5.00 miles
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Patient Lot
1.70 miles
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RV Parking
1.81 miles
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Two Park Square Visitor Parking
1.84 miles
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Park Square Parking Garage
1.90 miles
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Employee Lot J
1.93 miles
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Underground Parking Entry
1.98 miles
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Recreational Storage
2.91 miles
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Lomas Parking Structure
3.14 miles
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Cornell Parking Garage
3.22 miles
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American Inn & Suites
0.13 miles
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Barcelona Suites
0.99 miles
-
Lazy H Motel
1.18 miles
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Sahara Motel
1.33 miles
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Kirtland Inn Reception
1.60 miles
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Marriott Albuquerque
1.75 miles
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TownePlace Suites
1.78 miles
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Fairfield Inn & Suites Albuquerque Uptown
1.78 miles
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Hilton Garden Inn Albuquerque Uptown
1.84 miles
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De Anza Motor Lodge
1.89 miles
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Pop-Up Dumpling House
0.28 miles
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Cafe Trang
0.30 miles
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Banh Mi Coda
0.30 miles
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Subway
0.31 miles
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KFC
0.34 miles
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Lupe's Antojitos
0.37 miles
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Church's Chicken
0.39 miles
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Bea's Mexican Restaurant 2
0.64 miles
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McDonald's
0.67 miles
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El Zarandeado
0.69 miles
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La Mesa Elementary School
0.33 miles
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Mary Francis School
0.35 miles
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Van Buren Middle School
0.62 miles
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Emerson Elementary School
0.64 miles
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Our Lady of the Assumption Catholic School
0.83 miles
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Sandia Base Elementary School
1.12 miles
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Holy Ghost Catholic School
1.12 miles
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Wilson Middle School
1.26 miles
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Mark Twain Elementary School
1.45 miles
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University Of New Mexico North Campus
3.41 miles
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All Seasons Child Care and Learning Center
0.17 miles
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Gibson Child Development Center
1.17 miles
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Eastern Child Development Center
1.64 miles
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DOE Child Care
1.79 miles
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Discovery One Child Care
2.01 miles
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Maxwell Child Development Center (1914)
2.30 miles
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Our Place Learning Center
2.46 miles
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Wildflowers Day Nursery
2.56 miles
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St. Luke Preschool
2.65 miles
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Serendipity Day School
2.71 miles
Frequently Asked Questions
The space currently listed for sale at 7600 Central Ave SE asks for $1,525,000.
7600 Central Ave SE totals 8,831 square feet.
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