Fax : 505-857-2383
Address: 6767 Academy Road NE, Albuquerque, NM 87109
Courtesy of: NM Apartment Advisors, Inc.
5 units in amazing neighborhood with high walk (84), bike (90) and transit (56)score. Priced below its comparable sales at $415,945. 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%.