Catylist ID: #30319537
UNM/CNM Stanford - 2 rental houses
Multi-Family for Sale
|Catylist Listing ID:||30319537|
|Number of Units:||2 Units|
|Building Size (RSF):||1,750 SF|
|Gross Land Area:||0.16 Acres|
|Unit Price:||$125,496 Per Unit|
|Property Use Type:||Investment|
|Usable Size (USF):||1,750 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
Large recently renovated residence in the front + rental house in the rear.
Located a few hundred steps from UNM the property has high walk (81), Transit (48) and Bike scores (96).
Gleaming hard wood floors, built ins: niches, bookshelves, linen closets and dish shelves speak to the 1920s vintage and quality of the residence. Virtual tour of front residence at www.nmapartment.com/stanford317
Measures of investment performance include: at average rent of $963 a month, 10.87 GRM, 6.30% Cap rate, 13.40% IRR before tax, 10.50% IRR after tax.
Disclosure: co-listing broker is related to owner.
Property is being sold using the BID process - tour date is 8/29 at 5pm- RSVP at www.nmapartment.com/stanford317 with an offer deadline of 5pm (MST) on 8/30/2018.
Attachments & Media
|Zoning:||R-ML - Residential: Multi-family Low Density|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
Todd ClarkeNM Apartment Advisors, Inc. CARNM CIE Member
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