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Updated price reflects substantial increase in rents and results of multiple offers from earlier this year.NM Apartment Advisors is very excited to bring to market this five-unit family hacienda mixed use compound style property located in Albuquerque North Valley's. This property has a good walk (69), bike (71), and transit (32) scores.According to the assessor records the property was built in 1924, the current owner has performed numerous renovations and updates to the property. Three of the units are residential and two are commercial.Based on rent increases that go into effect into effect in April and May of 2019, the current list price of $394,275, and an average rent of $910, the measure of investment performance include a GRM of 7.22, a CAP rate of 7.80%, a price per uni
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Listing information last updated on April 22nd, 2019 at 4:13am MDT.