Southeast Heights Homes with Pitched Roof

Southeast Heights Homes with Pitched 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 a rich tapestry of cultural influences, Southeast Heights offers a unique blend of urban convenience and serene suburban living. This area is characterized by its friendly community atmosphere, diverse amenities, and easy access to some of the city's best parks, shopping, and dining options.

One of the standout features of homes in Southeast Heights is their charming pitched roofs, which not only enhance the architectural character of the neighborhood but also provide practical benefits. These roofs are designed to effectively shed rain and snow, ensuring that your home remains protected throughout New Mexico's varied weather conditions. The pitched roof style complements the region's traditional adobe aesthetics while offering modern functionality.

In Southeast Heights, you’ll find a range of housing options, from cozy single-family homes to spacious properties perfect for families. Many homes feature lovely outdoor spaces, ideal for enjoying the picturesque New Mexican sunsets or hosting gatherings with friends and family.

The community is also conveniently located near major roadways, making it easy to explore all that Albuquerque has to offer, from the historic Old Town to the vibrant Nob Hill district. Whether you’re a first-time homebuyer or looking to settle down in a family-friendly neighborhood, Southeast Heights is a delightful place to call home. Experience the charm and warmth of this Albuquerque gem, where every day feels like a new adventure.

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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