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2104 Lead SE
Albuquerque, NM 87106
Asking Price
$620K
Cap Rate
6.54%
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
Multifamily | 8 Units | $77,486/unit <ul><li>Excellent opportunity to own a quality UNM Area 8 unit apartment complex</li><li>Fantastic central location just blocks to CNM, UNM, Presbyterian Hospital, I-25, Nob Hill, and Roosevelt Park</li><li>This unique compound offers fluid access from Lead and a clean / well-traveled alley to the south</li><li>Ample parking is right next to unit entries</li><li>The property consists of six studios in a 3 story building and two 1 bedroom apartments in a single story duplex</li><li>Building
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NOI
$80,000
Cap Rate
12.91%
DSCR
2.17
Strong
Cash-on-Cash
23.23%
Monthly Payment
$3,066.863
Annual Cash Flow
$43,197.648
