220 Dorado Place Southeast, Albuquerque, NM 87123

Request info Add to list

To view building contacts please sign in with your Pro account or create a pro account.

Todd C.

Company: requires Pro account

Email: requires Pro account

Phone: requires Pro account


Choose nearby businesses to show on the map:

Yelp
Edit property

Building Details:

• Year Built: 1980

220 Dorado Place Southeast is amulti-family property for lease in Albuquerque, NM.

Located in Albuquerque's east gateway the property is well positioned at the end of the BRT/ART transportation corridor, the entrance to the east mountain area and near Sandia National Laboratories and Kirtland Air Force Base.

Amazing property and rare opportunity to invest in a value add deal.
- 14.63% cash on cash with new Freddie Mac
- 10 year ownership - eligible for 4% renovation/rehab tax credits
- 3 property portfolio allows for flexible exit strategy
- Acquire well below replacement cost
- Rents are 14% below submarket
- Competing properties are charging for RUBs (subject is not)
- Potential after tax IRR of 24.90%

Don't miss out on this opportunity to invest in Albuquerque's growing multifamily market.

My List

Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.