2,062 Square Foot Multi-Family Space For Sale @ 1712 Lead Ave Se
1712 Lead Ave SE, Albuquerque, NM 87106
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Todd C.
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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.
Listing company: NM Apartment Advisors, Inc.
Pricing: Contact for Pricing
Availability: Now
Listing ID: 1049702
Sale Price: $0
Size: 2,062 square feet
Type: Multi-Family Space
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