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6720 Cochiti SE
Albuquerque, NM 87108
Asking Price
$579K
Cap Rate
10.41%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 10.41% CAP | 9 Units <ul><li>9 Units</li><li>Size: 4,300 sf</li><li>Land: 0.1481 acres</li><li>Price: $579,000</li><li>GRM: 5.86</li><li>Cap Rate: 10.41%</li><li>After Tax IRR: 19.7%</li><li>Totally updated and fortified by quality metal fencing and multiple secured drive-thru & pedestrian gate entries</li><li>Unique casita-style 1 bedroom apartments</li><li>Secured common patio space, common laundry room, and secured off-street parking</li><li>Quality, long-term finishes including thermal windows, luxury
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NOI
$80,000
Cap Rate
13.82%
DSCR
2.33
Strong
Cash-on-Cash
26.27%
Monthly Payment
$2,864.576
Annual Cash Flow
$45,625.087
