• Year Built: 1980
911-915 Alvarado Dr. SE is amulti-family property for lease in Albuquerque, NM.
The Property is being sold in a Bid process, with the final Bid deadline of January, 15, 2013.
Why Invest in Casa Alvarado?
Well Maintained Apartments in a Strong Rental Market
Opening Bid of only $500,000--a 9.6% Cap rate and 18.8% Cash on Cash Return on Actual P&L
Over 75% of the units have been renovated within the last few years
94% Occupied as of November 15, 2012
Historically Low Financing rates near 4%
There are two Scheduled Property Tours: December 21, 2012, 10am and January 8, 2013, 10am.
Submit Confidentiality Agreement for Detailed Financial Information and Mini Offering Memorandum.
To schedule your property tour or for more information, please contact:
Please describe your commercial real estate requirements. We’ll introduce you to local properties that match your criteria.