Description

Six-unit family hacienda style compound property with pool located in Albuquerque North Valley's. Located at 4619 9th NW, this property has a good walk (52), bike (65), and transit (32) scores.Owned by the same family for four decades, this six plex has one studio, four one bedroom units, a two bedroom unit, laundry and swimming pool.Based on current increases the ask price of $485,000, and an average rent of $686, the measure of investment performance include a GRM of 9.82, a CAP rate of 5.68%, a price per unit of $80,833, a price per square foot of $128.27 a before tax IRR of 16.10% and an after tax IRR of 13.10%.Although the property needs some work, the location ca

Location Map

4619   9th  NW Street Albuquerque NM 87107

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Source: Placester