Historical Multifamily Sale Listing - RAINBOW COURT

Multifamily For Sale

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RAINBOW COURT

408 Rainbow Court SE, Albuquerque, NM 87123

N/A

4 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
4
Building Size:
3,600 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
7%
Gross Rent Multiplier:
8.50
Occupancy:
100%
Lot Size:
0.25 AC
Listing ID
17107399
Last Updated
over 1 year ago

Description

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

Map of 408 Rainbow Court SE, Albuquerque, NM 87123 (Bernalillo County)

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Created 4/7/2011