Southeast Heights Homes with Pitched Roof

Southeast Heights Homes with Pitched Roof

Welcome to Southeast Heights, a vibrant neighborhood nestled in the heart of Albuquerque, New Mexico. This charming community, located in Bernalillo County, offers a unique blend of urban convenience and suburban tranquility. With its picturesque landscapes and friendly atmosphere, Southeast Heights is an ideal place for families, professionals, and retirees alike.

One of the standout features of homes in this area is the classic pitched roof design, which not only adds character to the architecture but also provides practical benefits. These roofs are designed to efficiently shed rain and snow, ensuring that your home remains protected and comfortable year-round. The homes here often feature spacious layouts, inviting outdoor spaces, and a variety of styles that reflect the rich cultural heritage of the region.

Residents of Southeast Heights enjoy easy access to a plethora of amenities, including parks, shopping centers, and dining options that cater to every palate. The neighborhood is also known for its excellent schools and community resources, making it a great choice for families looking to settle down.

Moreover, the breathtaking views of the Sandia Mountains serve as a stunning backdrop to daily life, offering endless opportunities for outdoor adventures, from hiking and biking to simply enjoying the sunset from your backyard.

Whether you’re seeking a cozy starter home or a spacious family residence, Southeast Heights has something for everyone. Come explore this enchanting neighborhood and discover the perfect place to call home in Albuquerque!

Newest Southeast Heights Homes with Pitched 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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