1132 Palomas Drive SE, Albuquerque NM 87108

← Back to search

Pending

$880,000

1132 Palomas Drive SE, Albuquerque, NM 87108

bedrooms

bathrooms

square feet

Acreage

0.56

Open Houses

year built

1958

Full Baths

Half Baths

Find out more

Presenting 1132 Palomas SE, a prime investment opportunity you won't want to miss! This well-priced 10-unit property offers a great mix of 2-bedroom, 1-bathroom units, each featuring in-unit washer and dryer hookups. Most of the units have been thoughtfully updated, enhancing their appeal and ensuring tenant satisfaction.With an impressive in-place 7% cap rate and a current 6% cash-on-cash return, this property is already delivering strong financial performance. However, there's significant potential for even more upside. The property is well-positioned for rent growth, with the possibility to increase revenue through strategic updates and enhancements. Whether you're looking to make targeted improvements or capitalize on the area's rising demand, 1132 Palomas SE offers great value-add.

Location
Subdivision	-
County	Bernalillo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

Find out more

Tell us who you are, and we will have someone reach out to you.

Name*

Email*

Phone*

Message

I have a house to sell

By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from Kotohomes, Kotohomes Concierge 4, Trey W. Whaley, and their network of service providers about your inquiry and other home-related matters.

Msg/data rates may apply. This consent applies even if you are on a do not call list and is not a condition of any purchase.

MLS number: 1069534

Listing agent: Trey W. Whaley #53002

Listing broker: R1 Commercial (505) 510-0170

Last update: Tuesday, November 19 2024 at 7:52 p.m. EST

Kotohomes National