TITLE:
21 Unit Apartment Complex
CONTROL:
Exclusive
VALUE:
$1,200,000
LOAN:
$0
EQUITY:
$1,200,000
TYPE:
Multi-Family
HAVE:
21 unit complex with mix of 1 bedroom and studio units.
ADDRESS:
429 Chama St SE, Albuquerque, New Mexico
BENEFITS TO NEW OWNER:
Owner Financing
GROSS SCHEDULED INCOME:
$133,200 Projected
VACANCY LOSS:
$13,320
GROSS EFFECTIVE INCOME:
$119,880
EXPENSES:
$46,780
NOI:
$73,100
DEBT SERVICE:
$0
CASH FLOW:
$73,100
CAP RATE:
6.09%
CAN ADD:
potential other multi family
REMARKS:
Under Redemption Period set to expire August 7.
COUNSELOR:
Angelo Mora
Keyway Properties
9998 Montgomery Blvd. NE Suite B
Albuquerque, New Mexico, 87111
