Are you on the lookout for a lucrative investment opportunity in New Mexico? Look no further than this stunning investment property for sale, with a CAP rate of 7.5%. This is a sound investment opportunity that is sure to yield impressive returns.
Search Airdeed Homes New Mexico
This investment property comprises of 3 story units with luxury amenities and design. Each unit boasts 2 bedrooms and 2 baths, constructed by experienced Sierra Hacienda Builders. The units are beautifully designed with modern finishes and top-of-the-line appliances, making them highly desirable to potential tenants.
Investing in this property is an opportunity to own a piece of real estate in one of the most thriving markets in New Mexico. The property is located in a prime location, offering easy access to all the local amenities and attractions. With a strong rental market in the area, you can be assured of consistent cash flow and a solid return on investment.
The investment property offers a total of 6 units, each with a market rent of $2,200. This translates to a total rental income of $13,200 per month. With a CAP rate of 7.5%, the property is expected to generate an annual net operating income of $118,800.
The investment property is a turnkey opportunity, with all units fully leased out. This means that as an investor, you can start earning rental income from day one. With the current lease agreements in place, you can be assured of consistent rental income for the foreseeable future.
Investing in this property offers many benefits, including tax advantages, passive income, and long-term wealth creation. With the current market conditions, investing in real estate is a smart move that can provide a stable and consistent return on investment.
In conclusion, this investment property for sale in New Mexico is a rare gem that presents an opportunity for investors to own a highly desirable piece of real estate in a thriving market. With luxury amenities, modern design, and a strong rental market, this property offers a solid investment opportunity with a CAP rate of 7.5%. Don’t miss out on this lucrative investment opportunity. Contact us today to schedule a viewing and take the first step towards owning a sound investment property.
615 Iron Avenue SW, Albuquerque, NM 87102