218 Yale Blvd SE, Albuquerque, NM 87106

Commercial property for lease

• Description
• One of New Mexico's first LEED Platinum standard energy efficient fourplexes. Located between UNM & CNM, this property hits a home run on walk score (86), transit score (50), and bike score (98).Built in 2013 with the intention of offering 4 separate residences, this property offers single family amenities and finishes for its two bedroom / one bathroom units, including digital locks, washer/dryers, and upgraded surfaces.Measure of investment performance at average current rent of $850 include a GRM of 14.87, CAP rate of 5.0%, a before tax IRR of 11.5% and after tax IRR of 8.70%. If rents are increased to market at $1,000 (remember it includes free parking), measure of investment performance improve to a GRM of 12.00, Cap rate of 8.20%, and a cash on cash of 15.70%.View the interior of Unit C online at http://www.nmapartment.com/yale3dRegister for confidential information at www.nmapartment.com/yale218 Building price details: $576,218.
• Contact info
• Todd Clarke

  NM Apartment Advisors, Inc.
• Note

• Details Info about this row that located on 218 Yale Blvd SE, Albuquerque, NM 87106 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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