NM Apartments Advisor is excited to bring this UNM area fiveplexto market at 1401 Silver SE.Located adjacent to the Presbyterian hospital campus and less than four blocks from the main UNM campus, this has a high walk (77) score, transit (50) score and Bike score (94). Recent comparable sales indicate a market value of $347,011. Measure of investment performance at the average rent of $560, include a GRM of 8.18, an after reserves cap rate of 5.10%, and an after tax IRR of 10.00%.If rents are bumped to the market average of $702, measure of investment performance increase to a GRM of 6.53, an after reserves cap rate of 7.50%, a cash on cash of 10.30%.
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Listing information last updated on August 23rd, 2019 at 5:28am MDT.