13101 Wenonah+ 13100, 220 Dorado Avenue SE

Estimated Monthly Payment: $30,710/mo 13101 Wenonah+ 13100, 220 Dorado Avenue SE, Albuquerque, NM 87123 MLS# 869534 Multifamily Listing Status: Sold
88,965 sqft
725
51
0
0

REMARKS:

Amazing property and rare opportunity to invest in a value add deal. - 14.63% cash on cash with new Freddie Mac - 10 year ownership - eligible for 4% renovation/rehab tax credits - 3 property portfolio allows for flexible exit strategy - Acquire well below replacement cost - Rents are 14% below submarket - Competing properties are charging for RUBs - Potential after tax IRR of 24.90%Property under contract for 13 months to buyer who intends to redevelop with affordable housing - call Listing Broker for info on comparable sale.

OVERVIEW:

Multifamily
9 or More Units
Sold
1/31/2018
71
Southeast Heights
Fale Add & 2 others
1980
88965
5.55
241566
Stucco
Frame
Central Forced Air
Evaporative
All City

FEATURES:

Blt-In Gas Stve/Oven, Dishwasher, Refrigerator
Balconies/Deck, Fireplace Some Units, Laundry Community
Carpet, Vinyl

FINANCIAL:

$6,095,000
$34,986
Electric, Gas

Broker Reciprocity Courtesy of NM Apartment Advisors, Inc..

 

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