USANMAlbuquerqueNew Holiday Park Subdivision12509 Manitoba Dr Ne
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12509 Manitoba Dr Ne, Albuquerque, NM

Real Estate

For Sale

Listed price in listed location currency (USD).
$553,214

216

MLS® 1095868

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2940 sqft
Garage No
Taxes $1,886
Days Active 0
Lot Size 0.16 acres
Approx. Age 1979
Avg. Price Per Sqft $188
MLS® Number 1095868

Property Address: 12509 Manitoba Dr Ne, Albuquerque, NM, 87111-2842

Average square foot calculated using Size range provided by listing agent.

Description

The property is located close to foothills trails, Sandia Pueblo, The Elena Gallegos open space preserve, the second longest aerial Tramway in the world as well as, KAFB/Sandia National Laboratories and great local shopping & restaurants. Each apartment contains two bedrooms and one bathroom and separately metered for gas and electric. There is one on-site laundry room, downstairs just off the large parking lot that accommodates plenty of off street parking. Measures of investment performance at ask price of $552, 214 and average rents of $1, 088 are a GRM of 10.60, a 5.36% cap rate, $138, 804 per unit, $188.17/sf.If rents are raised to market rate of $1, 395, the measure of investment performance improve to a 6.91% cap rate and that a large potential increases in property taxe
MLS® Number1095868
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1979
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 18, 2025List Date
$553,214List Price
  • Commute

Commute

Starting Address
Destination Address
12509 Manitoba Dr Ne, Albuquerque, NM

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