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Picture of Home For Sale in Albuquerque, New Mexico, United States

$696,778

3436 Ross Ave SE
Albuquerque, New Mexico, United States

3bd 2ba

Listed By: Realtyww Info

Listed On: 07/26/2025

Listing ID: GL11851294 View More Details

Description

Unique southern New Mexico architecture combined with courtyard spaces and refrigerated air conditioning, this property is positioned well for the value add investor who recognizes that current average rents are 43% below market rents for the area.Located at 3436 and 3440 Ross SE, each building has its own deeded lot.Measures of investment performance at ask price of $696, 778 and current average rent of $625 are a GRM of 11.61, a 4.63% cap rate, $97, 097 per unit, $114/sf. Your color by numbers, step by step process go get close to a final market value of $1, 025, 000 include (call listing broker to discuss).

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Listed by: Todd Clarke
Source: The World Property Journal

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