6720 Cochiti Road SE, Albuquerque, NM 87108

On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market such a high rate of return multi-family investment. Located at 6720 Cochiti SE - just one block from historic Route 66 which contains the spine of Albuquerque's mass transit corridor. Although the area appears a bit rough now, the state has indicated they in- tend to redevelop the NM Fair grounds, located just north of this property with $200M of re- development that could include a stadium for NM United, as well housing retail and a com- plete mixed use community. 6720 Cochiti SE offers a fantastic opportunity to capitalize on cross-community concentration on improving the International District and the Fairgrounds neighborhoods. The compound of 9 units has been totally updated and fortified by quality metal fencing and multiple secured drive-thru & pedestrian gate entries. Inside the compound, residents enjoy meandering walk- ways to their unique casita-style 1 bedroom apartments, secured common patio space, a common laundry room, and secured off-street parking. All apartments have been properly updated with quality, long-term finishes including thermal windows, luxury vinyl plank flooring, custom tile work, and contemporary fixtures. Beyond its proximity to Expo NM/State Fair grounds, Kirtland Air Force Base, Sandia National Laboratories, Ta-Lin International Marketplace and the 3 million square feet of retail in ABQ's Uptown Area, any savvy investor knows there are three magic numbers for Albuquerque: 100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for 100 years of its 320-year history, and it's currently undergoing a housing shortage of 24,343 units. Do not miss out! This marketplace has not offered a 8%+ cap rate multi-family investment opportunity in many decades - especially on a property that has already been so significantly updated.