12715 Dunes Rd SE

Subject: ABQ: Renovated Fourplex, ready for owner occupant – Singing Arrow Location

Good morning-

On behalf of the owner, NM Apartment Advisors is excited to bring this amazing opportunity to purchase a four-plex in the Singing Arrow Neighborhood.

Each unit contains a large two bedroom, one bathroom unit with fireplace and washer/dryer connections.  Downstairs units have a private backyard area.

The site offers an abundance of off-street and on-street parking and is very visible due to its elevation over the other buildings in the area.

A recently vacated unit is available for an owner-occupant and features brand new refrigerator, stove and dishwasher.

At the current average rents of $863, and an ask price of $428,763 the measures of investment performance include a price per unit of $107,191, price per square foot of $109.16, a GRM of 10.36, an after reserves cap rate of 5.89%.

If rents are raised to the market average of $1,200, the measures of investment performance improve to a before reserves cap rare of 8.74%.

20 page information flyer is available at http://www.nmapartment.com/apt/NMAA-Dunes12715SE.pdf

Virtual tour of Unit 1, vacant and ready for an owner occupant is at http://www.nmapartment.com/dunes12715se3d

Complete the online confidentially agreement for the property at http://www.nmapartment.com/dune12715se

Discover the Seller’s concession to the Buyer by emailing compensation@nmapartment.com with subject line: NMAA-2468715, which can be used for a Buyer’s brokerage fee or a credit to the Buyer.

The property is well located and close to grocery, shopping and a movie theater. Convenient freeway access and great public transportation and bike path connections. The property is a short walk to the Singing Arrow Community Center that has before and after school programs.

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

Thanks,

Todd Clarke CCIM CIPS

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