This excellent fourplex is located near restaurants, Wal-Mart, financial institutions, medical, automotive as well as numerous other businesses. Rio Rancho has grown over 14% between 2010 - 2016 and the need for rental units is great. Rio Rancho has a shortage of rentals and is why these units are nearly always full. This is a great investment opportunity for a seasoned investor, or someone just getting started with a 7% CAP rate and a value-add upside. Please do not disturb the residents.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
