NM Apartment Advisors is very excited to bring to back market this five-unit family hacienda mixed use compound style property located in Albuquerque North Valley's. Located at 834 Griegos NW, this property has a good walk (69), bike (71), and transit (32) scores.According to the assessor records the property was built in 1924, with neighborhood rumor that portions of the building were an old tack house - the current owner has renovated one of the residential units and one of the commercial units has had the same tenant for 20+ years. Three of the units are residential and two are commercial.Based on current increases the ask price of $366,915, and an average rent of $870, the measure of investment performance include a GRM of 7.03, a CAP rate of 7.80%, a price per unit of $73,383
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Listing information last updated on September 21st, 2019 at 1:11am MDT.