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1035 East High Street
Grants, NM 87020
Asking Price
$1.35M
Cap Rate
10.36%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
3 Buildings - 24 Units <p>With convenient access to I-40, offering a strategic gateway to both Albuquerque and Arizona in just over an hour's drive. Unlock the potential for lucrative returns on investment with this well-positioned multi-family property at 1039, 1035 & 1031 High St. Located just off historic Santa Fe Avenue (Route 66 in Grants, NM), this well-maintained multi-unit complex offers a strong investment opportunity with both stability and upside potential. The property consists of three separate buildings,
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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.04%
Monthly Payment
$6,679.063
Annual Cash Flow
$-148.761
