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The information contained herein was obtained from sources believed reliable; however, the brokers makes 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. |
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Orchards on Ortiz 12 unit Apartment Community 809 Ortiz SE—Albuquerque, New Mexico |
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New Construction—slated for Summer 2008 |
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Marketing by: |
505.440.8633 NM Apartment Advisors Inc. |
505.480.8885 NM Apartment Advisors Inc. |
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Executive Summary |
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12 |
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units |
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2008 |
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Approx. Year Built |
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7,680 |
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Total SF |
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640 |
sf |
Avg. unit Size |
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$70 |
4 |
Avg. Rent |
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14 |
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Parking |
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Investment Information |
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$1,040,000 |
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List Price |
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$86,667 |
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$/Unit |
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$ 135.42 |
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$/sf |
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10.26 |
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GRM |
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6.60% |
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CAP |
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Before Reserves |
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Property Information |
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$1.10 |
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Avg. Rent |
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Utilities Paid |
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Sub-Market Information |
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94.6% |
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Occ. |
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$0.77 |
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Avg. Rent |
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2,335 |
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Total Units |
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City Market Information |
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95.6% |
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Occ. |
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$0.77 |
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Avg. Rent |
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$56,246 |
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Avg. Sales $/unit |
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79,918 |
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Total Units |