13207 Mountain Place NE, Albuquerque, NM 87112

NM Apartment Advisors is excited to bring to market this rare opportunity to own a Far North East Heights, large corner-lot, owner occupant style fourplex. Potential uses for the extra land include a small casita, RV Storage, dog run, community garden, a wood/workshop and so much more.Units A & B have separate back yard spaces and all units have a separate storage unit.  Community coin operated laundry is adjacent to the common gathering. A new TPO roof is being installed in the February, a new 75 gallon hot water heater was installed in January 2025, the evaporative coolers were replaced 2021 and all furnaces are relatively new.Measures of investment performance at ask price of $597,607 and average rents, as of $1,125 are a GRM of 11.07, a 6.20% cap rate, $149,902 per unit.