bedrooms
2
bathrooms
0
square feet
3,002
Acreage
0.17
Open Houses
-
year built
1977
Full Baths
0
Half Baths
0
Each of the units are two bedroom one bathroom units in a two up, two down format that include an onsite laundry that is leased from CSC.At the current average rents of $925, and an ask price of $437,668 the measures of investment performance include a price per unit of $109,417, price per square foot of $136.77, a GRM of 9.86, an after reserves cap rate of 6.54%.If rents are raised to the market average of $1,075, the measures of investment performance improve to a before reserves cap rare of 7.79%.This community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation & rent
Location | |
Subdivision | Waggonman Denison Addition |
County | Bernalillo |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 1081037
Listing agent:
Todd D Clarke
#13711
Listing broker:
Nm Apartment Advisors Inc.
(505) 440-8633
Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Sunday, March 30 2025 at 7:08 p.m. EDT
Kotohomes National