Available for the first time in 35 years, these large one-bedroom/one-bath units are close to UNM and two major hospitals. With size up to 750 SF, these units contain a spacious living room and bedroom, hardwood floors, and off-street parking including some covered parking. Also, there is a private, interior entrance to 8 of 10 units. There is potential for substantial increase of rents which would improve the capitalization rate to an estimated 6.13% and the total return on equity to 8.00%. The after-tax IRR is projected to be 14.45% on a 5-year hold.
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