308 Jefferson St NE

Subject: ABQ: Presidential streets, ideal for owner occupant – amazing design and offered by the original architect’s family

Good morning!

NM Apartment Advisors is excited to bring to market this rare opportunity to own a Nob Hill/UMM area triplex.

Built in 1996 by the owners' family and designed by their father, a well known local architect, Allan G Elsik, this is the first time this treasured community has been available for sale.  Each unit has two bedrooms and one bathroom and averages 893 sf.

The property is owned by an estate and they heir’s do need to cash out.

At the current average rents of $1,300, and an ask price of $519,335 the measures of investment performance include a price per unit of $173,112, price per square foot of $193.78, a GRM of 11.10, an after reserves cap rate of 6.56%.

16 page information flyer is available a thttp://www.nmapartment.com/apt/NMAA-Jeff308NE.pdf

Discover the Seller’s concession to the Buyer by emailing compensation@nmapartment.com with subject line: NMAA-2574308, which can be used for a Buyer’s brokerage fee or a credit to the Buyer.

Do not miss out on an opportunity to acquire a well built triplex in one of the strongest rental markets in the country.

Thanks,

Todd Clarke CCIM CIPS

CEO
NM Apartment Advisors Inc.
(505) 440-TODD

-Excellent area (President streets) near Nob-Hill and University's
- offered for sale for the first time by the original architect (family)