3,099 Square Foot Multi-Family Space For Sale @ 317 15th St Nw

317 15th St NW, Albuquerque, NM 87104

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High end fourplex and downtown millennial dream - Renovated top to bottom - owner has made amazing changes to the property that must be seen to appreciate. New kitchens, new bathrooms, new flooring, new HVAC, new tankless water heaters, new finishes, private courtyard, stackable washer/dyers and a walk score of 83, transit score of 48, and bike score of 89!

Average rents of $975 are still below market of $1,139 and offers 6.40% Cap rate on actuals, 7.80% cap rate on proforma. Potential Before Tax IRR of 19.8%, After Tax of 15.6%.
Property is part of the NW quadrant apartment tour – this coming Tuesday, at 1pm

Listing company: NM Apartment Advisors, Inc.

Pricing: Contact for Pricing

Availability: Now

Listing ID: 1063242


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Sale Price: $0

Size: 3,099 square feet

Type: Multi-Family Space

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