317 15th St NW, Albuquerque, NM 87104

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Building Details:

• Year Built: 1959

317 15th St NW is amulti-family property located in Albuquerque, NM. The property currently has 1 multi-family space for lease and is marketed by NM Apartment Advisors, Inc..

High end fourplex and downtown millennial dream - Renovated top to bottom - owner has made amazing changes to the property that must be seen to appreciate. New kitchens, new bathrooms, new flooring, new HVAC, new tankless water heaters, new finishes, private courtyard, stackable washer/dyers and a walk score of 83, transit score of 48, and bike score of 89!

Average rents of $975 are still below market of $1,139 and offers 6.40% Cap rate on actuals, 7.80% cap rate on proforma. Potential Before Tax IRR of 19.8%, After Tax of 15.6%.
Property is part of the NW quadrant apartment tour – this coming Tuesday, at 1pm

  • Available Spaces
Suite Space Type Pricing Size
--- Multi-Family Space For sale: Contact for Pricing 3,099 sqft
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