1132 PalomaAlbuquerque, NM 87108

This exceptional Albuquerque investment opportunity presents a 10-unit apartment building located at 1132 Paloma SE, Albuquerque, NM 87108. The property consists of three buildings offering a mix of two-bedroom, one-bathroom units, each equipped with in-unit washer and dryer hookups. Many units have undergone recent updates, enhancing their appeal and tenant satisfaction. Currently boasting a 7% capitalization rate and a 6% cash-on-cash return, this value-add property demonstrates strong financial performance. Significant upside potential exists through further strategic improvements and leveraging the area's increasing rental demand. The asking price is $880,000. This property is situated in Bernalillo County and offers a compelling return on investment for discerning buyers seeking a multifamily asset in a growing market. The property's strong performance and potential for future growth make it an attractive addition to any portfolio. The location provides convenient access to local amenities and services. This is a rare opportunity to acquire a well-maintained, income-producing property with substantial value-add potential.