Property Type:
Residential Income
Square Footage:
8,150
Lot Size (sq. ft.):
32,670
Status:
Closed
Current Price:
$775,490
List Date:
9/13/2020
Last Modified:
12/15/2021
Overview
Description
This property is packaged for a fast, smooth and easy transaction – The owner has prepaid for inspections and information to make for a smooth transaction.
Located on historic Route 66, and part of the West Route 66 Renaissance from the new Route 66 visitors center to the under construction Amazon distribution facility and located along the $130M investment in Albuquerque future of mass transit – the A.R.T. (Albuquerque Rapid Transit). This community is walking distance to retail, restaurants and two different A.R.T. transit stops.
The list price is $775,490, with an average rent of $599, measures of investment performance include a GRM of 7.71, a before reserves cap rate of 6.88% and an after tax Internal Rate of Return (IRR) of 18.40%..
Last Updated: December - 15 - 2021
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Flyer & APOD ›