1241 Jelso Avenue

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1241 Jelso Avenue

Grants, NM 87020
Asking Price
$540K
Cap Rate
7.89%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

2- 4-plex For Sale <p>1241 & 1245 Jelso Ave are well-maintained</p><p>two-story fourplex's offering an excellent investment opportunity in a</p><p>stable rental market. Built in approximately 1980, the properties</p><p>consists of four spacious units, each thoughtfully designed with 2</p><p>bedrooms, 1 bathroom, a kitchen, and a comfortable living space.</p><p>Each unit averages approximately 600 square feet, providing</p><p>efficient layouts that appeal to long-term tenants seeking affordability and</p><p>functio

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NOI
$80,000
Cap Rate
14.81%
DSCR
2.50
Strong
Cash-on-Cash
29.59%
Monthly Payment
$2,671.625
Annual Cash Flow
$47,940.496

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