TITLE:
Four Plex - 240 Wheeler Ave
CONTROL:
Exclusive
VALUE:
$475,000
LOAN:
$260,000
EQUITY:
$215,000
TYPE:
Multi-Family
HAVE:
Prime 4-Plex near UNM, CNM & Downtown Albuquerque NM. Strong Cash Flow! Ideal for investors seeking consistent returns. This fourplex presents a lucrative investment opportunity with consistent rental income & high occupancy rates,
ADDRESS:
240 Wheeler Ave SE, Albuquerque, New Mexico
OTHER FILES:
GROSS SCHEDULED INCOME:
$50,400 Actual
VACANCY LOSS:
$0
GROSS EFFECTIVE INCOME:
$50,400
EXPENSES:
$12,081
NOI:
$38,319
DEBT SERVICE:
$22,348
CASH FLOW:
$15,971
CAP RATE:
8.07%
ENCUMBRANCE
BALANCE
PAYMENT
RATE
DUE
ASSUMABLE
LOAN 1
$260,000
$2,779
10%
04/07/2039
No
BENEFITS SOUGHT:
Move up to another property, sell for cash, trade for a mobile home park.
CAN ADD:
Triplex near UNM $460K value with $240 loan.
COUNSELOR:
Aldo Reza
Reza Realty
5620 Modesto Ave NE Sute B
Albuquerque, New Mexico, 87113
Phone: 5056002695
Email ALDO@REZAREALTYNM.COM
