Route 66 apartments - now with Seller Financing
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Overview / Comments
Own a piece of Route 66 history - located on future ART corridor and just west of the Rio Grande River, here is your chance to celebrate 2 of the 3 Rs in Albuquerque - (routes, rivers and rails).
Handy man special - needs some work - register for confidential info and I can send you copies of inspection reports and leases.
Don't miss out on this rare opportunity to find a high rate of return deal. Asking price is 13.2% CAP rate before reserves, 14.80% cash on cash, 16.60% before tax iRR and 12.10% after tax IRR, with seller financing!
The current owner is open to seller financing, to a qualified investor with 25% down payment, 7% interest, 15 year amortization and 42 month call.
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