Source:
Southwest MLS (Greater Albuquerque Association of REALTORS)
MLS#1110504
À propos de la propriété
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La description est affichée dans la langue d'origine.
Exceptional opportunity to acquire a 57-unit apartment portfolio located in Albuquerque’s strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 9,41% cap rate, making it an attractive option f
Exceptional opportunity to acquire a 57-unit apartment portfolio located in Albuquerque’s strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 9,41% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today’s market. A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental in come and reducing collection risk. The property has been well maintained by hands-on local owner who has taken pride in managementand up keep, resulting in solid operations and tenant stability. Investment Highlights: 57 total units (1BR/1BA & 2BR/1BA mix) Strong cap rate with in-place income. Voucher-backed tenants providing consistent revenue. Well-maintained asset with pride of ownershipLocated in a high-demand workforce housing area. This is a rare opportunity to acquire a cash-flowing multifamily asset with scale, stability, and flexibility in Albuquerque.
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Type de propriété
Autres
Étages
2
Année de construction
1984
Caractéristiques
Jardin
Immobilier d’investissement
Explorez le secteur
609-641 Mesilla Street SE, Albuquerque, Nouveau-Mexique, États-Unis
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