Southeast Heights Homes with Shingle Roof

Southeast Heights Homes with Shingle Roof

Welcome to Southeast Heights, a vibrant and inviting neighborhood nestled in the heart of Albuquerque, New Mexico. This charming community is characterized by its picturesque streets, friendly atmosphere, and a diverse array of amenities that cater to residents of all ages. Southeast Heights is known for its stunning views of the Sandia Mountains, offering a breathtaking backdrop to everyday life.

The neighborhood boasts a rich blend of architectural styles, with homes featuring classic shingle roofs that add a touch of traditional charm. These homes are not only aesthetically pleasing but also provide durability and protection from the elements. Whether you’re a first-time homebuyer or looking to settle into a family-friendly environment, Southeast Heights has something for everyone.

Residents enjoy easy access to a variety of parks, schools, and shopping centers, making it an ideal place for families and individuals alike. The community is also conveniently located near major highways, allowing for quick commutes to downtown Albuquerque and beyond.

In Southeast Heights, you’ll find a strong sense of community, with local events and gatherings that bring neighbors together. The warm New Mexico sunshine and vibrant sunsets create a perfect setting for outdoor activities and relaxation.

If you’re seeking a home that combines comfort, style, and a welcoming community, look no further than Southeast Heights. With its charming shingle-roofed homes and a lifestyle that embraces both tranquility and convenience, this neighborhood is truly a hidden gem in Albuquerque. Come and discover the magic of Southeast Heights—your new home awaits!

Newest Southeast Heights Homes with Shingle Roof

808 Ortiz Dr Se, Albuquerque
$1,424,506
The property features two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other apartments in the submarket. Residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separate utility rooms with full size washers / dryers, and private outdoor living spaces. 804 & 808 Ortiz offers 2 bed / 1 bath floorplans while 812 Ortiz offers two 3 bed 1.5 bath floor plans and two 2 bed / 1 bath floor plans. Secured access courtyards provide lots of additional landscaped outdoor space for residents to enjoy. Many of the apartments have been completely renovated as well - with new appliances, new luxury vinyl plank & tile flooring, and new fixtures and finishes throughout. At list price, the Seller is open to seller financing with a 15% down payment, and 6% interest rate, 30 year amortization and 5 year call. A larger down payment can increase or extend the balloon period. Located on a vastly improved block with quick and easy access to parks, shopping, Nob Hill, I-40, Kirtland Air Force Base, and the new Albuquerque Community Services Headquarters. This unique 12-unit compound is the rare offering of flexible, multi-generational living opportunities, a solid income generating community with further value add potential, and quality secure, townhome style housing in an improving neighborhood. Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%.

808 Ortiz Dr Se, Albuquerque

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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