9607 Central Avenue NW
Albuquerque, NM 87121
$1,427,100
About this property
Route 66 cash flow plus room to grow. 11-unit family-style residential compound with 3 leased RV spaces on historic Central Ave NW. Six buildings on two parcels totaling 1.4 acres: two studios, five one-beds, three two-beds, one three-bed house, plus three RV pads at $650/mo each. 7.97 GRM, 7.80% cap rate after reserves per seller underwriting. Near El Mezquite Marketplace. Do not disturb residents.
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Details
- Price
- $1,427,100
- Beds
- 6
- Baths
- 5
- Lot size
- 1.4 acres
- Year built
- 1946
- Type
- MultiFamily
- Heating
- Central,ForcedAir
- Cooling
- Refrigerated
- MLS #
- 1112319
Listed by Anita Maestas, Maestas Real Estate Services · (505) 463-3565. Data from the Southwest MLS, refreshed every 15 minutes.
