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13101 Wenonah+ 13100, 220 Dorado Avenue, Albuquerque, NM 87123

Multi-Family Home For Sale

13101 Wenonah+ 13100, 220 Dorado Avenue, Albuquerque, NM 87123 House For Sale - MLS #869534
$6,095,000
Multi-Family
5+ Family
9

Property Description for 13101 Wenonah+ 13100, 220 Dorado Avenue, Albuquerque, NM 87123

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%

Interior Details

88,965 sq. ft.
$68.51/sq. ft.
Built-in Gas Stove/Oven; Dishwasher; Refrigerator

Exterior Details

2
179
Frame

Other Details

869534
1980
Balconies/Deck; Fireplace Some Units; Laundry Community
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Monthly Mortgage Payments

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Town Description

Albuquerque is the largest city in the state of New Mexico. It is the county seat of Bernalillo County and is situated in the central part of the state, straddling the Rio Grande. The city population...

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