10901 Towner Avenue NE
Albuquerque, NM 87112
About this property
Well maintained 4-plex in desirable NE Heights location! All units currently occupied. (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Tenants love the grassy and tree covered courtyard… Show more
Well maintained 4-plex in desirable NE Heights location! All units currently occupied. (2) 2 bed 1 bath units and (2) 1 bed 1 bath units. Tenants love the grassy and tree covered courtyard area, private parking spots and central location. Individually metered for electric and master meter for gas and water/sewer. Projected 5.7% CAP rate showing strong income potential and highly rentable area.
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About Snow Heights
Snow Heights is a postwar subdivision in Albuquerque's Northeast Heights, laid out on a quarter section east of the Hoffmantown Shopping Center that builder Edward Snow bought in 1953. Snow, a University of New Mexico engineering graduate who had been putting up houses since 1947, followed that first tract with Snow Heights Additions 2 and 3 on land immediately northeast, and his name carried across the whole area.
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