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433 Mesilla SE
Albuquerque, NM 87108
Asking Price
$2.32M
Cap Rate
6.33%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
32 renovated units, high cap rate <ul><li>TPO Roofs (both buildings)</li><li>32 prehung front doors</li><li>32 Security Doors</li><li>32 vinyl windows (front of buildings)</li><li>Property perimeter fence</li><li>Exterior breezeway lighting</li><li>Asphalt parking lots and striping</li><li>New 75 Gallon hot water heater (North Building)</li><li>Gutters</li><li>2 New staircase (2 original still exist)</li><li>New 200' block wall on West side of parcel</li><li>New rollable gate on North Building (power and opener prese
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NOI
$80,000
Cap Rate
3.44%
DSCR
0.58
Underwater
Cash-on-Cash
-8.31%
Monthly Payment
$11,494.084
Annual Cash Flow
$-57,929.012
