3440 Ross Ave SE

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3440 Ross Ave SE

Albuquerque, NM 87106
Asking Price
$1.07M
Cap Rate
6.34%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Properly Updated, Solid UNM Area 8-Plex <ul><li>​Four 2 Bed / 1 Bath 902 SF Apartments</li><li>​Four 1 Bed / 1 Bath 626 SF Apartments</li><li>​Renovated Community Anchored By: UNM, CNM, the ABQ International Sunport, Kirtland Air Force Base, and burgeoning South Albuquerque Development Projects including Max Q, The Aviation Center of Excellence, and Lobo Crossing.</li><li>​Spacious Floor Plans, Central Heating and AC, Full-size Washer / Dryers, large private yard spaces, and secured, assigned outdoor storage & have been totally update

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NOI
$80,000
Cap Rate
7.50%
DSCR
1.26
Strong
Cash-on-Cash
5.23%
Monthly Payment
$5,273.986
Annual Cash Flow
$16,712.164

Location & Travel Times