4419 Fourth NW Albuquerque, NM 87107

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  • $9,340,000
  • 68,850 sqft
  • 50,473 lot
  • Est payment $50139.14/mo

Property & Neighborhood Info

Courtesy Of NM Apartment Advisors, Inc.

Multi-Family in Albuquerque

Located in the heart of the north valley along Albuquerque's original Route 66 and at 4419 Fourth NW, this brand new construction apartment community offers an amazing chance to own an investment property in an underserved sub-market.Welcome to the future - the North Fourth Village apartments represent what Albuquerque's new IDO zoning allows - higher density, mixed use, gated parking and more.Built in two phases and completed this year, the property offers 69 residential units over 6 commercial units. The property offers elevator service, 33 covered parking spaces, common trash chutes, community library area, and most units have w/d hookups, granite counter tops, plank flooring, walk-in closets and upgraded unit finishes.See flyer for measure of investment performance.

Courtesy Of NM Apartment Advisors, Inc.
  1. 68,850 Sq. Ft.
  2. 50,473 Lot

Main Features

  • Listing Status: Active
  • Year Built: 2017
  • Floors: 4.0
  • County: Bernalillo
  • Taxes: $79,875.00
  • Units: 75
  • MLS Number:928346

Additional Features

  • Cooling:
    • Refrigerated
  • Flooring:
    • Carpet
    • Tile
    • Vinyl
  • Appliances:
    • Refrigerator
  • Builder Name:
    • J & S Development
  • Construction:
    • FRAME
  • Property Subtype:
    • 9 or More Units
  • Stories:
    • 4
  • Basement:
    • No
  • Exterior:
    • Stucco
  • Land Size Source:
    • On-Line
  • Parking Spaces:
    • 83.00
  • Heating:
    • Electric
  • Meter(s):
    • Individual Electric
    • Individual Gas
  • Utilities:
    • All City
  • Amenities:
    • Wshr/Dryr HU in Unit
  • Handicap Access:
    • Yes
  • Zoning:
    • MX-M*
  • Bank Owned:
    • No
  • Financing:
    • Cash
    • Conventional
  • Gross Income:
    • 755365.00
  • Legal Description:
    • Tract 1A, Block 1, Belmont Place
  • Owner Pays:
    • Other - See Remarks
  • Rental Information:
    • Other - See Remarks
  • Tax Exemptions:
    • Unknown
  • Annual Expenses:
    • 263914.00
  • Tenant Pays:
    • Other - See Remarks
  • Miscellaneous Info:
    • No Sign
    • Package
  • No. of Buildings:
    • 1
  • Total Acres:
    • 1.16
  • Unit 1 Apx Sq Ft:
    • 721
  • Unit 1 Bedrooms:
    • 0
  • Unit 1 Rent:
    • 876
  • Unit 1 Total Baths:
    • 0.00
  • Unit 1 Total Units:
    • 6
  • Unit 2 Apx Sq Ft:
    • 425
  • Unit 2 Bedrooms:
    • 0
  • Unit 2 Rent:
    • 745
  • Unit 2 Total Baths:
    • 1.00
  • Unit 2 Total Units:
    • 8
  • Unit 3 Apx Sq Ft:
    • 560
  • Unit 3 Bedrooms:
    • 1
  • Unit 3 Rent:
    • 854
  • Unit 3 Total Baths:
    • 1.00
  • Unit 3 Total Units:
    • 28
  • Unit 4 Apx Sq Ft:
    • 877
  • Unit 4 Bedrooms:
    • 2
  • Unit 4 Rent:
    • 944
  • Unit 4 Total Baths:
    • 1.00
  • Unit 4 Total Units:
    • 33
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Gerald Chavez Realty, Inc.
Gerald Chavez Realty, Inc.
(505) 865-4671

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