Description
MULTI-FAMILY INVESTMENT...In close proximity to New Mexico State University, this property offers a lucrative investment opportunity with a proven track record of rental success. The demand for quality rental units in the university area ensures a steady and reliable income stream.7% cap rate. $125,000 price per unit. Staircase redone (steel plate) and new swamp coolers 2023.
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40BEDS
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0.65ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
MULTI-FAMILY INVESTMENT...In close proximity to New Mexico State University, this property offers a lucrative investment opportunity with a proven track record of rental success. The demand for quality rental units in the university area ensures a steady and reliable income stream.7% cap rate. $125,000 price per unit. Staircase redone (steel plate) and new swamp coolers 2023.
© 2024 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Better Homes and Gardens Real Estate - Steinborn & Associates. Data last updated: 2024-10-13T17:14:16.53.