On behalf of the owner, NM Apartment Advisors Inc., is pleased to present this opportunity to acquire a cash flow opportunity in the International District and just south of the new Albuquerque Rapid Transit (A.R.T.) slated to open late in 2017.The owner of both of these properties has kept them in immaculate condition and is ready to let the next generation of investors continue this fine tradition.Measures of investment performance include: based on actual rents of $458, 8.59% CAP rate, 14.548 Cash on Cash, 20.01% before tax Internal Rate of Return.These side by side properties are offered together as a portfolio of 16 units.320 is a duplex with two bedroom units and 328 which is a 14-plex one bedroom , one bathroom unit community..
Listing courtesy of NM Apartment Advisors, Inc..
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