Carlsbad New Mexico 240 unit townhomes built in 2025 98% occupied. Upside in increased rents normal sale owner asking $45m (6.25% cap in place with 9% pro forma year2) negotiable
📍 Off-market — general area withheld
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Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.