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.
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