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Building Details:
• Year Built: 1970
Twenty-three (23) units of millennial housing in fabulous north campus neighborhood next to two new Italian restaurants, Padilla's Mexican kitchen and The Alpine Sausage house.
Community includes shared laundry and free high speed internet/Wi-Fi. Units are furnished with bed, table, chairs, and built in dresser in closet. Recently renovated. Current CAP rate is 7.3%, proforma CAP rate of 8.8%.
Significant upside in marketing property as extended stay rentals.
100+ page offering memorandum available after completion of registration at www.nmapartment.com/gc
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