12912 Constitution Ave NE, Albuquerque, NM 87112
Commercial property for lease
- Description
- Located in NE heights easy access to Uptown and area restaurants and retail.Measures of investment performance at actual rents of $612/month include GRM of 9.57, 6.80% Cap rate (before reserves), 8.80% Cash on cash and after tax internal rate of return of 13.30%.Measures of investment performance at market rents $670/month include GRM of 8.75, 7.60% Cap rate (before reserves), 12.0% Cash on cash and after tax internal rate of return of 21.2%. Building price details: $281,250.
- Contact info
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Todd ClarkeNM Apartment Advisors, Inc.
- Note
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- Property Details
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Property Type: Commercial (Other) Status: Available Building Size: 0 SF Number of Stories: 2 Year Built: 1972 Submarket: Duplex/Fourplex MSA: Albuquerque Zoning: R-3 - Residential Zone Buildings: 1 Terms: Cash to Seller Added: 12/16/2017