Historic Newlander Apartment House

616 Coal Ave. SW, Albuquerque, NM 87102

Sale Price

$540,000

Total GLA

±4,552

Acreage

±0.163


Highlights

  • CAP Rate: 6.34%
  • Property Zoning: IDO Zone District: R-MH
  • Parking Space: Paved lot: 1 space per unit plus manager's space
  • This historic building was built circa 1910 as a single-family house and remodeled in 2002.
  • All apartment homes have refrigerated air, ceiling fans, heaters and water heaters.
  • There are free laundry facilities in the basement for the residents. The property includes a security gate and beautiful landscaping.
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Contact a Broker

Nicole Rhodes