12120 Candelaria Road NE
Albuquerque, NM 87112
- 2 beds
- 2 baths
- – sqft
- 14,374 sqft lot
- 1989 build
- – on site
The property is located close to foothills trails, I-25, Kirtland Air Force Base, Sandia National Laboratories and great local shopping & restaurants. Each townhouse style apartment contains two bedrooms and one bathroom upstairs and 1/2 have bathroom and laundry room downstairs and they are also separately metered for gas and electric. Large parking lot accommodates plenty of off street parking. The same owner also own the fourplexes to the west, 12100 Candelaria NE which is available for sale at $650,000. The owner is willing to make both available to an investor who is looking for 8 units.Measures of investment performance at ask price of $750,000 and average rents of $1,250 are a GRM of 12.50, a 5.99% cap rate, $187,500 per unit, $185/sf.
Last checked:
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Last updated Mar 30, 2025
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MLS# 1078050 —
The Building
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Year Built:1989
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Builder Name:Jones
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New Construction:false
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Construction Materials:Frame,Stucco
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Stories:2
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Stories Total:2
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Levels:Two
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Basement:false
Interior
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Flooring:Carpet
Location
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Directions:From Tramway and Candelaria west to property.
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Latitude:35.115814
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Longitude:-106.503734
The Property
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Parcel Number:102205935653712540
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Property Condition:Resale
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Zoning Description:MX-L*
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Lot Size Acres:0.33
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Lot Dimensions Source:PublicRecords
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Lot Size SqFt:14374.8
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Lot Size Source:PublicRecords
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Additional Parcels:true
Listing Agent
- Contact info:
- Agent phone:
- (505) 440-8633
- Office phone:
- (505) 440-8633
Taxes
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Tax Annual Amount:4117.9
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Tax Legal Description:TR 29C-2 BLK 29-C BRENTWOOD HILLS
Beds
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Bedrooms Total:2
Baths
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Total Baths:2
The Listing
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Virtual Tour URL Branded:https://my.matterport.com/show/?m=gBLgRY31wtP
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Virtual Tour URL Unbranded:https://my.matterport.com/show/?m=gBLgRY31wtP
Heating & Cooling
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Heating:Central,ForcedAir
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Heating:true
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Cooling:EvaporativeCooling
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Cooling:true
Utilities
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Utilities:ElectricityConnected,NaturalGasConnected,SewerConnected,WaterConnected
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Green Energy Generation:None
Appliances
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Appliances:Refrigerator
The Community
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Subdivision Name:TR 29C-2 BLK 29-C BRENTWOOD HILLS
Parking
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Parking Total:6.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/19/25
Mar 19, 2025
|
Relisted | SWMLS | $750,000 | |
2/10/25
Feb 10, 2025
|
Pending | SWMLS | $750,000 |