Description
311 Princeton SE is located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 77 Walk Score, 85 Bike Score and a Transit score of 43, and is in the epi-center of the UNM/CNM campuses and is just steps from the Smiths Grocery store.The owner has positioned this sale to make it easy for an owner occupant to view the main house.Measures of investment performance at ask price of $459,974 and current average rent of $1,133 are a GRM of 11.27, a 5.87% cap rate, $153,325 per unit, $169.79/sf. Ten recent closed or pending sales indicate a value closet to $465,092.
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2BEDS
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0.16ACRES
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1BATHS
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01/2 BATHS
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2,709SQFT
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$170$/SQFT
School Ratings & Info
Description
311 Princeton SE is located just 3 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 77 Walk Score, 85 Bike Score and a Transit score of 43, and is in the epi-center of the UNM/CNM campuses and is just steps from the Smiths Grocery store.The owner has positioned this sale to make it easy for an owner occupant to view the main house.Measures of investment performance at ask price of $459,974 and current average rent of $1,133 are a GRM of 11.27, a 5.87% cap rate, $153,325 per unit, $169.79/sf. Ten recent closed or pending sales indicate a value closet to $465,092.
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: 2024-09-10T00:05:22.267.
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Listing courtesy of NM Apartment Advisors, Inc.: (505) 440-8633. © 2024 Southwest Multiple Listing Service, Inc.