1712 Lead Ave SE, Albuquerque, NM 87106

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Building Details:

• Year Built: 1935

Attractive and well maintained triplex that is located within walk distance of UNM and CNM's 45,000 students.

Measure of investment performance at ask price of $222,000 include a cap rate of 6.8%, cash on cash of 13.0%, before tax IRR of 22.5%, after tax IRR of 17.7%. Comparable sales and competing available properties supports a value range of $259,108 to $292,416. Proforma CAP rate of 8.9%.

Updated and improved over the decades the property includes (3) laundry areas - 1 for each apartment with stackable washer/dryer hooksups and new concrete alley entry drive pad.
Property tour scheduled for 3/28 at noon, offer deadline 4/4 at 5pm (MST).

Property tour scheduled for 3/28 at noon, offer deadline 4/4 at 5pm (MST).

Register for the tour and confidential documents at www.nmapartment.com/unm1712

Do not disturb residents or walk property - only available date for showing is the tour date.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: Contact for Pricing	2,062 sqft
View Details Listing company: NM Apartment Advisors, Inc. Pricing: Contact for Pricing Availability: Now Listing ID: 1049702 Save to list