This Multifamily Property is Off-Market.

408 Rainbow Court SE
Albuquerque, NM 87123 ·

4 Units · Multifamily For Sale

N/A

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RAINBOW COURT

Price N/A Commission Split 3%
No. Units 4 Cap Rate 7%
Building Size 3,600 SF Gross Rent Multiplier 8.50
Property Type Multifamily Occupancy 100%
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

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

Research

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

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