2,062 Square Foot Multi-Family Space For Sale @ 1712 Lead Ave Se

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.