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$3,015,000
3 Beds 3 Baths
Located at 3601, 3605 & 3609 Wellesley NE. The portfolio is easily managed from one central location that includes laundry room for the residents use. The property portfolio contains two studio units, thirteen one-bedroom units and six two-bedroom units.The portfolio is offered at the value of recent appraisals and is an amazing opportunity to invest in a growing economy.At the ask price of $2,445,000 and of based on the current average rents of $1,113 per month, the property's measures of investment performance include an 8.72 GRM, 7.39% cap rate before reserves, before tax IRR of 15.8% and an after-tax IRR of 12.97. If rents were raised to market average of $1,291, and even with a potential 3fold increase in property taxes, the measure of investment improve to a cap rate of 7.

3601 Wellesley Drive NE, Albuquerque

$520,355
3 Beds 3 Baths
Step into modern city living with this contemporary new-construction townhouse in a secure, gated community at the heart of it all. With 1,935 sq. ft., this home offers 3 bedrooms, 2.5 baths, and a spacious loft--ideal for a home office, gym, or cozy retreat. The open-concept kitchen is a true showpiece, featuring a large island, granite countertops, stainless steel appliances with range hood, and stylish finishes. Enjoy peace of mind with Green Build Gold Certification, ensuring energy efficiency and long-term savings. Complete with a 2-car garage, low-maintenance design, and easy access to shopping, dining, and entertainment, this home blends comfort, style, and convenience in one perfect package. Home is currently under construction! Ask about buyer incentives today!

4428 Wymont Circle NE, Albuquerque

$325,000
''DO NOT DISTURB TENANT'' Prime Location: Excellent visibility on San Mateo Blvd NE, with a traffic count of 35,000+ vehicles per day. Ample Parking: Convenient parking options available in both the front and back of the property. Well-Maintained Building: Recent updates include a new refrigerated air system (2021), new roof (2017), and updated flooring (2021). Private Offices, conference room, kitchen, bathroom, open reception area & extra storage area. Investment Highlights: Secure Income Stream: Current tenant in place through May 2026, providing a stable and predictable income stream. NNN Lease Structure: Triple-net lease ensures the tenant is responsible for all operating expenses, minimizing landlord expenses. Owner/User or Investor OPTIONS

2907 SAN MATEO Boulevard NE, Albuquerque

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.