Description
Explore the potential of this solid investment opportunity near the University of New Mexico (UNM). Perfectly situated, tenants enjoy the convenience of walking to UNM, public transportation, shops, and restaurants, making it an ideal location for both students and professionals. Key Features: Prime Location: Strategically located for easy access to UNM, public transportation, shopping, and dining. Attractive Cap Rate: With a potential cap rate exceeding 6%, this investment promises a robust return on investment. Residential Mortgage Rates: Currently, there's a unique opportunity to occupy one unit and benefit from residential property mortgage rates, adding an extra layer of financial advantage. Spacious Layout: The property boasts (2) 3 bedroom, 1 bath, in-unit laundry rentals.
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3BEDS
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0.16ACRES
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1BATHS
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01/2 BATHS
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3,150SQFT
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$170$/SQFT
School Ratings & Info
Description
Explore the potential of this solid investment opportunity near the University of New Mexico (UNM). Perfectly situated, tenants enjoy the convenience of walking to UNM, public transportation, shops, and restaurants, making it an ideal location for both students and professionals. Key Features: Prime Location: Strategically located for easy access to UNM, public transportation, shopping, and dining. Attractive Cap Rate: With a potential cap rate exceeding 6%, this investment promises a robust return on investment. Residential Mortgage Rates: Currently, there's a unique opportunity to occupy one unit and benefit from residential property mortgage rates, adding an extra layer of financial advantage. Spacious Layout: The property boasts (2) 3 bedroom, 1 bath, in-unit laundry rentals.
IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2024-09-13T15:05:11.84.
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Listing courtesy of Berkshire Hathaway NM Prop: (505) 798-6300. © 2024 Southwest Multiple Listing Service, Inc.