$1,425,000
1 Beds | 1 Baths | 10,515 sqft
7600 Central Ave SE
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$1,425,000
ACTIVE
7600 Central Ave SE, Albuquerque, NM 87108
1 Beds
1 Baths
10,515 SqFt
About This Home

The Pioneer Apartments (7600 Central Ave. SE) price has been reduced to $1,425,000, a $100,000 reduction. Respectively, the in-place investment returns are robust relative to market competitors. At $64,773/Unit, the August 2024 Gross Rent Multiplier (GRM) is 7.03. A GRM below 8.50 is highly unusual for a fully renovated property. Since 2018, The Pioneer Apartments h...

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Snapshot
  • Price:
  • $1,425,000
  • Bedrooms:
  • 1
  • Square Footage:
  • 10,515
  • Acreage:
  • 0.63
  • Year Built:
  • 1946
  • Listing ID #:
  • 1067286
  • Street Address:
  • 7600 Central Ave SE
  • City:
  • Albuquerque
  • State:
  • NM
  • Postal Code:
  • 87108
  • County:
  • Bernalillo
  • Community:
  • 71 - Southeast Heights
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
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Listing Provided By: Sarah Raboff with NAI SunVista Commercial RE
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