Mix-Use Investment

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 3924 Menaul Blvd. NE Albuquerque, NM 87110
  • Property Status: Closed
  • Sale Pricing: $1,355,500
  • Property Information:
    Cap Rate
    10
    Size
    2.046 AC
    Property Type
    Investment
    Property Description:

    The property is located between Carlisle and San Mateo Blvd. on the corner of Menaul Blvd. and Morningside. Menaul Blvd. is a primary commercial corridor in Albuquerque serving the entire east side of the city. The zoning, location and size of this property make it an ideal re-development candidate. The property features multiple income streams reducing the buyers risk to over-exposure. The property consists of a 23 slot mobile home park, an operating car wash, a retail building fronting Menaul and a multi-tenant office building along Morningside. The commercial portion of the property is 100% occupied and the mobile home park only has 2 vacancies.

  • External Links:

    CARNM

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