$2,661,159
1 Beds | 1 Baths | 13,050 sqft
317 Adams St SE
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$2,661,159
PENDING
317 Adams St SE, Albuquerque, NM 87108
1 Beds
1 Baths
13,050 SqFt
About This Home

This is a core asset with stabilized cash flows that could also be a value-add opportunity if an investment was made in upgraded finishes for the balance of the units.CORE AssetMeasures of investment performance at the ask price of $2,661,159 and current average rents of $792 a month are a GRM of 10.77, a 6.62% cap rate, $102,352 per unit, $204/sf, and an after tax ...

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Snapshot
  • Price:
  • $2,661,159
  • Bedrooms:
  • 1
  • Square Footage:
  • 13,050
  • Acreage:
  • 0.54
  • Year Built:
  • 1985
  • Listing ID #:
  • 1074795
  • Street Address:
  • 317 Adams St SE
  • City:
  • Albuquerque
  • State:
  • NM
  • Postal Code:
  • 87108
  • County:
  • Bernalillo
  • Community:
  • 42 - Unm South
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
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Listing Provided By: Todd D Clarke with NM Apartment Advisors
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Last updated: 02/06/2025
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