$3,965,358
- 1 Bed
- 1 Bath
- 25,632 Sq Ft
1200 Ortiz Dr SE, Albuquerque, NM 87108
Measures of investment performance at ask price of $3,965,358 and current average rent of $745 are a GRM of 10.08, a 6.65% cap rate, cash on cash of 6.42%, $90,122 per unit, and $154/sf. If rents were raised to market rents of $1,002, measures of investment performance increase to a GRM of 7.50, and a 8.65% cap rate.Please note the numerous property upgrades listed in the flyer and pay special
Todd Clarke
NM Apartment Advisors, Inc.
1200 Ortiz Dr SE, Albuquerque, NM 87108