4313 SABANA LOOP SE # S
RIO RANCHO, NM 87124

4313 Saabana Loop sits at the middle of newer construction fourplexes. These fourplexes offer some of the largest units in Rio Rancho and the unit mix is attractive to investors and owner occupants with 3 x 2 bedroom, 1.75 bathroom, 1,000 sf units and one large, 1125 sf, 3 bedroom 2 bathroom unit. Each apartment include washer/dryer hookup.Located in a growing area of Rio Rancho, close to great amenities and expanding employers, these rentals are well positioned for that owner occupant or investor who wants to take advantage of the coming rent increases from the continued expansion of Amazon, Netflix, Facebook, and Intel.Measures of investment performance at ask price of 699,500 with a current average rent of $1,028 are a GRM of 14.18, a 4.84% cap rate before reserves, 4.71% cap

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