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Albuquerque, NM

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The information contained herein was obtained from sources believed reliable; however, the brokers  make no guarantees,  warranties or representations as to the completeness or accuracy thereof.

The presentation of this property is submitted subject  to errors, omissions,  change of price or conditions prior to sale or lease or withdrawal without notice.

401 & 405 Indiana SE, Albuquerque, NM, 87108

 

Lovelace Area Fourplexes

Marketed By:

 

Mary Villanueva

505.507.LAND

maryv@nmapt.com

NM Apartment Advisors  Inc.

Executive Summary   

3,275+/-

 

SF each

.186

 

Acres

8

 

Total Units

2

 

Buildings

12

 

Parking Spaces

1968

 

Year Built

C-1

 

Zoning

 

 

 

Investment Information

$420,000

 

List Price

$52,500

 

$/Unit

$64.12

 

$/sf

 

Actuals

GRM:

 

8.66

CAP Before Reserves:

 

5.6%

 

 

 

Proforma

GRM:

 

8.19

CAP Before Reserves:

 

5.9%

Cash on Cash:

 

2.1%