1712 Lead Ave SE, Albuquerque, NM 87106

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Building Details:

• Year Built: 1935

1712 Lead Ave SE is amulti-family property located in Albuquerque, NM. The property currently has 1 multi-family space for lease and is marketed by NM Apartment Advisors, Inc..

Attractive and well maintained triplex that is located within walk distance of UNM and CNM's 45,000 students.

Measure of investment performance at ask price of $222,000 include a cap rate of 6.8%, cash on cash of 13.0%, before tax IRR of 22.5%, after tax IRR of 17.7%. Comparable sales and competing available properties supports a value range of $259,108 to $292,416. Proforma CAP rate of 8.9%.

Updated and improved over the decades the property includes (3) laundry areas - 1 for each apartment with stackable washer/dryer hooksups and new concrete alley entry drive pad.
Property tour scheduled for 3/28 at noon, offer deadline 4/4 at 5pm (MST).

Property tour scheduled for 3/28 at noon, offer deadline 4/4 at 5pm (MST).

Register for the tour and confidential documents at www.nmapartment.com/unm1712

Do not disturb residents or walk property - only available date for showing is the tour date.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: Contact for Pricing	2,062 sqft
View Details Listing company: NM Apartment Advisors, Inc. Pricing: Contact for Pricing Availability: Now Listing ID: 1049702 Save to list