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Jan DeMay & Associates Coldwell Banker Legacy
Albuquerque, NM 87111 505-450-7635 Contact Us
5 units in amazing neighborhood with high walk (84), bike (90) and transit (56)score.Priced below its comparable sales at $416,632.Measure of investment performance at average rent of $578 include a GRM of 12.10, an after reserves CAP Rate of 5.50%, and an before tax IRR of 11.20%.If the rents are raised to the market at $698, measures of investment performance improve to a GRM of 9.52, a cap rate of 7.0%.
DIRECTIONS: From I-25 And Lead - West To Walter, North To Property.