Offer deadline noon on 9/17 - tour 9/15 at noon - must register to attend.The property is offered at a start price of $378,500 more than $100,000 less than recent comparable sales.The Pickard Triplexes are named for developer and family friend, Grif Pickard, who developed a series of high-end owner occupant style triplexes along the foothills. This high-end NE heights location combined with owneroccupant style floorplans and 2 car garage make this equally attractive for an owner occupant or a sophisticated investor.At the ask price of $387,500, the measure of investment performance at current average rent of $1,050, include GRM of 10.01, 6.49% Cap rate after reserves, and an after tax IRR of 17.80%.
Listing courtesy of NM Apartment Advisors, Inc..
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