NM Apartment Advisors is excited to have listed this wonderful owner occupant style fourplex located between Downtown and Old Town Albuquerque with a high walk (84), bike (83), and transit (47) scores. (Did you know? Market trends demonstrate that high walk, bike or transit scores translates to 25% higher rents).Located at 317 15th NW, and offered at $525,000, which is just five thousand dollars higher than its January 2018 appraisal.The property's is walking distance to both the downtown central business district, old town and a couple dozen brew pubs, and specialty coffee shows. (Think of it as the epicenter for the three B's - bikes, brews, and beer).At the ask price of $525,000 and an average rent of $1,038 the measure of investment performance include a GRM of 10.54, a CAP
Listing courtesy of NM Apartment Advisors, Inc..
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