Todd Clarke
This listing was posted on RealtyWW.
$508,245
Home For Sale In Albuquerque, New Mexico
Price:
$508,245
BR/BA:
3 BR, 4 BA
Location:
423 Princeton Dr Se, Albuquerque, NM
Description:
423 Princeton SE is located just 4 blocks to UNMs main campus with quick and immediate access to an ART Stop and all that downtown and Nob Hill have to offer. With a 69 Walk Score, 79 Bike Score and a Transit score of 44, and is in the epi-center of the UNM/CNM campuses and close to the University area Smith's Grocery store.The property will have a unit ready for an owner occupant in the last half of May 2024.Measures of investment performance at ask price of $508, 245 and current average rent of $975 are a GRM of 10.86, a 6.13% cap rate, $127, 061 per unit, $247.20/sf. Ten recent closed or pending sales indicate a value closet to $510, 269.The owner is including the ocean container unit, used for storage, located on the west side parking lot of the property, as part of the saleFor more details: https://realtyww.info/homes_albuquerque-d523737/for-sale_i71648570
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