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Multifamily For SALE
7600 Central Ave SE - Value-Add Multifamily with Substantial Upside
7600 Central Ave SE, Albuquerque, NM 87108
Details
- Category Multifamily
- Status AVAILABLE
- Type For Sale
- Lot Size 0.62 Acres
- Building Size 20,076 SF
- Number of Units 20
- APN 101905716808030426
- Asking Price $1,280,000
Description
ORIGINAL CONSTRUCTION DATE: 1950
SALE PRICE $1,280,000
Before Tax IRR: 26.33%
After Tax IRR: 19.93%
Actual GRM: 7.68
Pro Forma GRM: 6.24
Asking Cap Rate: 6.36%
Pro Forma Cap Rate: 10.00%
AVAILABLE
21 Units: (7) Studio (±231-281 SF)
(13) 1 Bed/1 Bath (±422 SF)
(1) 3 Bed/1 Bath
Land: ±0.63 Acres
Listing Brokers
Investment Properties, Multifamily
Sarah Raboff
- Direct505 338 9871
- Office505 878 0001
- Mobile505 690 3232
- Emailsarahr@sunvista.com