408 Rainbow Court SE
Albuquerque, NM 87123 ·
4 Units · Multifamily For Sale
|No. Units||4||Cap Rate||7%|
|Building Size||3,600 SF||Gross Rent Multiplier||8.50|
|Property Sub-type||Duplex/Triplex/Fourplex||Lot Size||0.25 AC|
|Property Use Type||Investment|
|Listing ID: 17107399||Date Created: 04/07/2011||Last Updated: 06/20/2011|
Solid fourplex, stable long-term tenants, professionally managed. All 2 bdrm, 1 bath units with washer-dryer hookups and fireplaces. Big lot, lots of parking.
Sub-six percent loans available, for a plus seven per cent CAP rate property means positive leverage at its best.
Just south of I-40 on the east side of Albuquerque
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