- For Sale $1,600,000
- Property Type Multi-Family
- Property Size 11,169 SF
- Units 16
- Lot Size 0.65 Acre
- Cap Rate % 6.08
- Year Built 1977
- Date Updated Mar 1, 2024
- 16 Units
- (8) 1 Bed/1 Bath (±650 SF)
- (8) 2 Bed/2 Bath (±784 SF)
- Marble’s Renovated Units Lease 31.12% Higher than those Not Renovated
- Projected Year 2-3 Gross Income Growth: 18.96%
- Substantial Capital Improvements 2018-2023
- Excellent Unit Mix of 50% 1 BR-1 BA and 50% 2 BR-1 BA
- Situated in Well-Maintained Office Corridor
- Projected Year 5 Value Appreciation @ 6.5% Cap Rate: 37.63%
- Built in 1977 per Bernalillo County Tax Assessor
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Contacts
Location
Getting Around
-
Walk Score ®
35/100
Car-Dependent
-
Transit Score ®
33/100
Some Transit
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Bike Score ®
54/100
Bikeable
- City Albuquerque, NM
- Neighborhood Snow Heights
- Zip Code 87110
- Market Albuquerque
Points of Interest
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Albuquerque
5.15 miles
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Montaño
5.41 miles
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Africa Train Station
5.94 miles
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Asia Train Station
6.17 miles
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Tingley Station
6.66 miles
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Los Ranchos/Journal Center
6.92 miles
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Aquarium/Garden Station
7.00 miles
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Bernalillo County/International Sunport
7.01 miles
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Sandia Pueblo
8.69 miles
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Phillips 66
0.45 miles
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Maverik
0.49 miles
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Shell
0.72 miles
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Circle K
0.75 miles
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Smith's gas station
1.17 miles
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Alon
1.26 miles
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Phillips 66
1.36 miles
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Alon
1.39 miles
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Chevron
1.40 miles
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Alon
1.42 miles
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Underground Parking Entry
1.15 miles
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Lomas Parking Structure
3.39 miles
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South Parking
3.53 miles
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ARC Parking
3.54 miles
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East Parking
3.55 miles
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UNMH Parking Garage
3.55 miles
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North Parking Lot
3.61 miles
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Yale Parking Garage
3.65 miles
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Maxwell Museum Parking
3.90 miles
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Central Lot
3.95 miles
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Barcelona Suites
0.65 miles
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Marriott Albuquerque
1.04 miles
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Hilton Garden Inn Albuquerque Uptown
1.19 miles
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Hyatt Place Albuquerque / Uptown
1.24 miles
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Days Inn
1.45 miles
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Ramada
1.45 miles
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Holiday Inn Express
1.49 miles
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Econo Lodge
1.50 miles
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Guesthouse International
1.50 miles
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Quality Inn
1.54 miles
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Cafe Istanbul
0.55 miles
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The Cooperage
0.60 miles
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Domino's
0.62 miles
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Thai Tip
0.62 miles
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Burger King
0.67 miles
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Crackin' Crab
0.67 miles
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Red Robin
0.90 miles
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BJ's
0.93 miles
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Garduño's
0.93 miles
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Genghis Grill
0.94 miles
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Our Lady of the Assumption Catholic School
0.25 miles
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La Mesa Elementary School
0.77 miles
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Inez Elementary School
0.81 miles
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Bellehaven Elementary School
0.84 miles
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Grant Middle School
0.84 miles
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Mark Twain Elementary School
1.00 miles
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Mary Francis School
1.37 miles
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Eubank Elementary School
1.51 miles
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Annunciation Catholic School
1.54 miles
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McCollum Elementary School
1.63 miles
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All Seasons Child Care and Learning Center
1.23 miles
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St. Luke Preschool
1.60 miles
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Discovery One Child Care
1.77 miles
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Our Place Learning Center
2.15 miles
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Eastern Child Development Center
2.62 miles
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Wildflowers Day Nursery
2.78 miles
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Steps Ahead Learning Center
2.87 miles
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Serendipity Day School
3.13 miles
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Little Big Foot Day School
3.23 miles
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Child Development Center
8.79 miles
Frequently Asked Questions
What is the lease rate for 8101 Marble Avenue NE?
Rental asking rate at 8101 Marble Avenue NE is $800,000.00/YR.
What is the total square footage of 8101 Marble Avenue NE?
8101 Marble Avenue NE totals 11,169 square feet.
When was this property built?
8101 Marble Avenue NE was built in 1977.
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