This value-add triplex located in the highly desirable UNM South area offers a compelling opportunity for investors seeking immediate income with upside potential. The property features three 1 bed/1 bath units with unit sizes of 600 SF, 600 SF, and 800 SF, providing efficient layouts.
Currently, two of the three units are occupied, delivering $20,388 in annual in-place income from takeover, while one unit is vacant, offering flexibility for rehab, rent growth, and repositioning. The occupied units are on term leases, providing stability and predictable cash flow.
Ideally situated with easy access to I-25, and just minutes from UNM, major hospitals, dining, and shopping, the property is positioned in a highly desirable rental corridor.
This asset is well-suited for investors looking to execute a light value-add strategy in a proven submarket with long-term appreciation potential.
Don’t miss out—contact your Aurumys broker today for access!