Are you looking for a lucrative investment opportunity in New Mexico? Look no further than this fully renovated 15 unit apartment complex with a 6.5% CAP rate.
This property has recently undergone a complete transformation, with all new floors, windows, HVAC system, electrical, plumbing, and more. No detail has been overlooked in ensuring that your tenants will enjoy a modern living experience. And with a CAP rate of 6.5% at the asking price, you can be sure that your investment will yield a solid return.
Furthermore, the property has been cashflowing since the renovations were completed, making it an excellent opportunity for any savvy investor. Whether you want to rent to long-term tenants or explore the lucrative Airbnb/corporate housing market, the possibilities are endless.
Don’t miss out on the chance to own a turnkey property that is move-in ready for tenants. With a renovated building and a solid return on investment, this New Mexico investment property for sale is an opportunity that should not be missed. Contact the listing agent today to schedule a showing and begin your journey toward profitable real estate investing.
720 Truman Street NE, Albuquerque, NM 87110