Professional grm calculator optimized for multifamily properties in Albuquerque. Local market data shows 6.3% average cap rates and $315,000 median property values.
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The Albuquerque, NM multifamily real estate market offers unique investment opportunities. With a median home price of $315,000 and average cap rates of 6.3%,multifamily properties in this market present a strong yield profile.
Current market conditions show properties averaging 36 days on market, with year-over-year appreciation of 4.4%. Average cash-on-cash returns for multifamily investments in Albuquerque are approximately 10.1%.