$3,041,053

Located near Meow Wolf, The community contains a range of units from small one bedrooms, averaging 432 sf to larger two bedroom units at 620sf. The lower floor units have a secure, double loaded corridor and the ground floor and upstairs units have their own private entrances. The property contains a common laundry room. The owner has furnished a couple of the smaller units to appeal to the traveling nurses/professional market. If you want to pay all cash, or obtain a new loan, the price is $3,041,153 - a 6.37% cap rate at the current average rents of $1,117, the measure of investment performance include a price per unit of $132,220, a price per square foot of $265.83 a GRM of 9.86 and a cap rate of 6.37%