1711 Park Avenue SW, Albuquerque, NM 87104
$2,066,835
Property Type:
Residential Income
Square Footage:
4,499
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$2,066,835
List Date:
12/06/2023
Last Modified:
1/05/2024
Description
**SUBJECT TO AVAILABLE** RARE Albuquerque Country Club Assisted Living Facility** Real Estate & Business sold together. Residents enjoy the natural sunlight, piano room, outdoor seating areas, and secure facility. It is truly a home for them. There's nothing like this in the Huning Castle district with an aging population. 8 Private Rooms, 1 Shared Room. 3 ADA bathrooms. Don't miss the opportunity to add an operating assisted living facility with a fully remodeled facility in 2018 to your portfolio. This is an unskilled AFL with 10 beds AND a 2 bedroom Manager's apartment upstairs.
More Information MLS# 1043342
Contract Information
Listing Price: 2066835
Current Price: $2,066,835
List Price/SqFt: 459.4
Status: Active
Bank Owned: No
Location
Street #: 1711
Street Name: Park
St Suffix: Avenue
Post Direction: SW
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87104
Zip +4: 1027
Geo Lat: 35.087049
Geo Lon: -106.669451
Area: 80 - Downtown Area
Zone Atlas: J13
City/County Data
UPC Code: 101305716152221402
General Property Description
# of Units: 10
5+ Units: Yes
Property Sub-Type: Other - See Remarks
Apx Structured SqFt: 4499
SqFt Source: Floorplan
Lot Size Source: On-Line
Acres: 0.19
Lot SqFt: 8276.4
Directions: Central to Laguna. SW on Laguna towards Albuquerque Country Club, turn left on Park Avenue. House is on Left.
Stories: 2
Total # of Buildings: 1
Year Built: 1979
Age: 41 - 50
Disability Access: Unknown
LBP Disclosure: No
Builder: unknown
Owner Occupant Unit: Yes
Flood Zone: X
Tax & Legal Info
GRT Code: 02-100
Current Taxes: 7780.02
Tax Exemption: Unknown
Basement
Basement: No
Income & Expenses
Annual Gross Income: 583452
Operating Expenses: 353554
Sales Info
Trade/Xch Considered: No
# of Unit Types (1)
# of Units: 10
# of Bedrooms: 9
# Baths: 3
Actual Rent: 5720
Max Rent: 6000
Market Rent: 5720
Unit Summary
Total Units: 10
Average Actual Rent: 5720
Annualized: 686400
Total Actual Rent: 57200
Property Features
Construction: Frame
Exterior Material: Brick/Wainscoting; Masonite
Build Description: Resale
Amenities: Alarm Owned; Balconies/Deck; Ceiling Fan(s); Laundry Equip. Owned; Skylights; Sprinklers
Appliances included: Compactor; Dishwasher; Disposal; Dryer; Frestnd Gas Stv/Ovn; Range Hood; Refrigerator; Washer
Utilities: Cable Available; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected
Heating: Central Forced Air; Zoned
Cooling: Central Air; Multi Units; Refrigerated
Flooring: Tile
Green Energy Generation: None
Electric Provider: Public Utility
Miscellaneous Info: Some Furnished
Metering: All Master Metering
Owner Pays: Electric; Gas; Sewer; Trash Removal; Water
Tenant Pays: None
Roof: Pitched; Shingle
Rental Info: Other - See Remarks
Finance Considered: Cash; Conventional; Owner Financing; Other - See Remarks
Zoning: R-1D*
Documents
Listing Office: Realty One of New Mexico
Last Updated: January - 05 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.