225 Figueroa NE, Albuquerque, NM 87123

Commercial property for lease

• Description
• Well located fourplex offered well below comparable sales.Located on a tree lined street in NE heights, this property's measurements of investment performance at the actual average rent of $556 and ask price of $185,204 include GRM of 6.95, Cap rate of 7.90%, cash on cash of 10.70%, and after tax IRR of 14.70%.If rents are raised to market of $687, MIP improve to Cap rate of 10.9% and 22.70% cash on cash.DND residents.Property is being marketed using the BID process - email LA for details.Property tour is noon June 13th, 2018 - RSVP required at www.nmapartment.com/figueroaOffer deadline is 5pm Tuesday, June 19th, 2018. Building price details: $185,204.
• Contact info
• Todd Clarke

  NM Apartment Advisors, Inc.
• Note

• Details Info about this row that located on 225 Figueroa NE, Albuquerque, NM 87123 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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