
Listed by NAI Sun Vista
$1,125,000
Fully Occupied North Valley 4-Plexes
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,800
Units 8
Cap Rate 5.04%
NOI $56,679
Occupancy 100%
Pro-Forma Cap Rate 6.44%
Pro-Forma NOI $72,492
Price per SqFt $165
Class B
Year Built 1980
Buildings 2
Stories 2
Zoning R-ML
Investment Type Value Add
Well Below Market Lease Rates
Marketing description
Pro Forma Cap Rate: 6.16%
100% Occupied as of March 2026
Strong Rent Upside
All 2-Bedroom 1-Bath Units
Recently Renovated Units
Unit Amenities: Refrigerated Air, In-unit Washer/Dryer Hookups, Balconies/Patios
Close Proximity to I-40 and Indian Pueblo Cultural Center
Investment highlights
Acquisition Cap Rate: 4.85%
In-place Rents roughly 21% below market
pro Forma Cap Rate: 6.16%
Listing Contacts

Listed by NAI Sun Vista
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,679.15
$4,723.26/mo
Valuation Metrics
0
DSCR
5.04%
Cap Rate
5.04%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
