$5,317,173
1 Beds | 1 Baths | 33,000 sqft
419 Monroe St NE
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$5,317,173
ACTIVE
419 Monroe St NE, Albuquerque, NM 87108
1 Beds
1 Baths
33,000 SqFt
About This Home

CORE AssetMeasures of investment performance at the ask price of $5,317,173 and current average rents of $878 a month are a GRM of 8.06, a 6.19% cap rate, $106,343 per unit, $163/sf, and an after tax internal rate of return is 17.0%And Value AddThe property is currently 20.3% below market rents and that does not take into account the double digit annual rent growth ...

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Snapshot
  • Price:
  • $5,317,173
  • Bedrooms:
  • 1
  • Total Baths:
  • 1
  • Square Footage:
  • 33,000
  • Acreage:
  • 1.23
  • Year Built:
  • 1960
  • Listing ID #:
  • 1092700
  • Street Address:
  • 419 Monroe St NE
  • City:
  • Albuquerque
  • State:
  • NM
  • Postal Code:
  • 87108
  • County:
  • Bernalillo
  • Community:
  • 40 - Unm
  • Subdivision:
  • Heights Reservoir Addition
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
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Listing Provided By: Todd D Clarke with NM Apartment Advisors
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Last updated: 11/06/2025
*OPTIMAL BLUE MORTGAGE MARKET INDICES - Calculated from actual locked rates with consumers across more than one-third of all mortgage transactions closed nationwide, OBMMI provides multiple mortgage pricing indices developed around the most popular mortgage products and specific borrower attributes and provides configurable trending of rates over time.
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