Description
This charming fourplex is embedded in an area of mostly single family homes. The property has one 2 bedroom, one bath apartment home that has hardwood floors, and two one bedroom one bath residences that have carpet/vinyl/tile floor coverings. Unit D has been recently renovated and is available for an owner occupant.Measures of investment performance at start price of $337,097 with a current average rent of $843 are a GRM of 8.34, a 8.27% cap rate before reserves, 8.00% cap rate after reserves, 11.56% after tax IRR, $84,274 per unit, and a price per sf of $167.88.Tour date 6/13 at noonOffer deadline 6/15 at noon
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2BEDS
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0.22ACRES
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1BATHS
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01/2 BATHS
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1,925SQFT
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$175$/SQFT
School Ratings & Info
Description
This charming fourplex is embedded in an area of mostly single family homes. The property has one 2 bedroom, one bath apartment home that has hardwood floors, and two one bedroom one bath residences that have carpet/vinyl/tile floor coverings. Unit D has been recently renovated and is available for an owner occupant.Measures of investment performance at start price of $337,097 with a current average rent of $843 are a GRM of 8.34, a 8.27% cap rate before reserves, 8.00% cap rate after reserves, 11.56% after tax IRR, $84,274 per unit, and a price per sf of $167.88.Tour date 6/13 at noonOffer deadline 6/15 at noon
IDX information © 2023 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 Campbell & Campbell Real Estate Services. Data last updated: 2023-05-29T08:05:03.413.
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Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 2023 Southwest Multiple Listing Service, Inc.