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210 Sixth Street, Albuquerque, NM 87102

Multi-Family Home For Sale

210 Sixth Street, Albuquerque, NM 87102 House For Sale - MLS #811560
$550,000
Multi-Family
5+ Family
8

Property Description for 210 Sixth Street, Albuquerque, NM 87102

Don't miss out on the improving apartment investment marketplace. In this size range (5 to 19 units), 2014 experienced twice the transaction volume of 2013, but its still 1/4 of the number of sales that occurred in 2005. (email agent if you want a copy of the full report) Occupancy, rents and values continue to be on the rise leaving money to be made for your investor.These well located eight mixed use units have a walk score 98, a bike score of 92 and a transit score of 57 (60 is the best in ABQ). Centrally located downtown near hundreds of new jobs, and within a one mile radius of hundreds of restaurants, this property is well located for to appeal to the millennial resident.Offered at its 2015 MAI appraisal of $550,000, this investment offers an 8.1% Cap rate, 11.3% cash o

Interior Details

6,513 sq. ft.
$84.45/sq. ft.
Refrigerator

Exterior Details

Brick; Frame

Other Details

811560
1920
Some Landscaping; Tenant Storage
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(20%)

Monthly Mortgage Payments

$2,498
$3,480

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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