TITLE:
8 unit apartment 2 bed 1 bath units
CONTROL:
Owner
VALUE:
$700,000
LOAN:
$430,000
EQUITY:
$270,000
TYPE:
Multi-Family
ADDRESS:
302 Texas NE, Albuquerque, New Mexico
BENEFITS TO NEW OWNER:
Management will remain in place.
GROSS SCHEDULED INCOME:
$73,800 Actual
VACANCY LOSS:
$1,680
GROSS EFFECTIVE INCOME:
$72,120
EXPENSES:
$22,397
NOI:
$49,723
DEBT SERVICE:
$30,200
CASH FLOW:
$19,523
CAP RATE:
7.10%
BENEFITS SOUGHT:
Trade for a larger investment.
COUNSELOR:
Angelo Mora
Caruso Realty LLC
9998 Montgomery Blvd. NE Suite C
Albuquerque, New Mexico, 87111
