This property is packaged for a fast, smooth and easy transaction - The owner has prepaid for inspections and information to make for a smooth transaction.Located on historic Route 66, and part of the West Route 66 Renaissance from the new Route 66 visitors center to the under construction Amazon distribution facility and located along the $130M investment in Albuquerque future of mass transit - the A.R.T. (Albuquerque Rapid Transit). This community is walking distance to retail, restaurants and two different A.R.T. transit stops.The list price is $775,490, with an average rent of $599, measures of investment performance include a GRM of 7.71, a before reserves cap rate of 6.88% and an after tax Internal Rate of Return (IRR) of 18.40%..
Listing courtesy of NM Apartment Advisors, Inc..
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