Southeast Heights Homes with Shingle Roof

Southeast Heights Homes with Shingle Roof

Welcome to Southeast Heights, a vibrant and welcoming neighborhood nestled in the heart of Albuquerque, New Mexico. Known for its stunning views of the Sandia Mountains and convenient access to urban amenities, Southeast Heights is a community that beautifully blends the charm of suburban living with the excitement of city life.

As you explore this delightful region, you’ll find a diverse array of homes, many featuring classic shingle roofs that add character and warmth to the landscape. These homes not only enhance the aesthetic appeal of the neighborhood but also provide durability and protection from the elements, making them a wise choice for homeowners. The shingle roofs reflect a timeless architectural style that complements the area's rich cultural heritage.

Southeast Heights is more than just a picturesque neighborhood; it boasts a strong sense of community, with friendly neighbors and local events that foster connections among residents. The area is dotted with parks, schools, and shopping centers, making it an ideal place for families, young professionals, and retirees alike.

With easy access to major highways and public transportation, commuting to downtown Albuquerque or nearby attractions is a breeze. Whether you’re seeking outdoor adventures in the nearby foothills or looking to indulge in the local dining scene, Southeast Heights offers an abundance of options to suit every lifestyle.

Discover the charm of Southeast Heights, where your dream home with a beautiful shingle roof awaits. Embrace the perfect blend of comfort, community, and convenience in this enchanting Albuquerque neighborhood.

Newest Southeast Heights Homes with Shingle Roof

808 Ortiz Dr Se, Albuquerque
$1,424,506
The property features two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other apartments in the submarket. Residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separate utility rooms with full size washers / dryers, and private outdoor living spaces. 804 & 808 Ortiz offers 2 bed / 1 bath floorplans while 812 Ortiz offers two 3 bed 1.5 bath floor plans and two 2 bed / 1 bath floor plans. Secured access courtyards provide lots of additional landscaped outdoor space for residents to enjoy. Many of the apartments have been completely renovated as well - with new appliances, new luxury vinyl plank & tile flooring, and new fixtures and finishes throughout. At list price, the Seller is open to seller financing with a 15% down payment, and 6% interest rate, 30 year amortization and 5 year call. A larger down payment can increase or extend the balloon period. Located on a vastly improved block with quick and easy access to parks, shopping, Nob Hill, I-40, Kirtland Air Force Base, and the new Albuquerque Community Services Headquarters. This unique 12-unit compound is the rare offering of flexible, multi-generational living opportunities, a solid income generating community with further value add potential, and quality secure, townhome style housing in an improving neighborhood. Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%.

808 Ortiz Dr Se, Albuquerque

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

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