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609 Mesilla Street Southeast
Albuquerque, NM 87108
Asking Price
$1.30M
Cap Rate
6.98%
Asset Type
Multifamily
Class
Class B
What's Special
<p></p><p>13 total units (1BR/1BA & 2BR/1BA mix)</p><p>Strong cap rate with in-place income</p><p>Voucher-backed tenants providing consistent revenue</p><p>Well-maintained asset with pride of ownership</p><p>Located in a high-demand workforce housing area</p><p>Ability to acquire as a portfolio or individually (flexible exit strategy)</p><p></p>
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NOI
$80,000
Cap Rate
6.17%
DSCR
1.04
Tight
Cash-on-Cash
0.76%
Monthly Payment
$6,418.877
Annual Cash Flow
$2,973.479
