Contacts
Todd Clarke
New Mexico Apartment Advisors
Property Details
- Property Type Multi-Family
- Property Size 2,050 SF
- Units 4
- Lot Size 0.21 Acre
- Cap Rate % 5.9
- Additional Rent Contact for pricing
- Year Built 1935
- Date Updated Oct 25, 2024
On behalf of the owners, NM Apartment Advisors Inc. and Deacon Property Services are excited to present this opportunity to acquire this unique and charming UNM area 4- plex. Exceptional UNM area location close to Roosevelt Park, CNM, UNM Hospital, Downtown, & just 2 blocks Presbyterian Hospital. Recent property upgrades include a newer roof, thermal windows, updated electrical service, zoned mini-split heating and cooling in all units, and upgraded, quality contemporary Þnishes across all four apartments. Each apartment features a very distinct floor plan with unique artistic touches and amenities throughout. You’ll also Þnd awesome value-add opportunities by capitalizing on creating more common and private yard spaces or adding additional apartments. Large lot offers tons of great off-street parking and access options (off both the alley and Lead Ave) and lots of potential for additional units. Detached garage is separately metered for electric and could be converted into another unit or generate more income renting to a resident (owners currently retain the garage for personal storage). Properties like this, in a market where amazing job growth from all of the new Netflix, Face book, Intel, and Amazon jobs, go quickly. Do not wait as you will be honored to own this one
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Albuquerque, NM
- Neighborhood Silver Hill
- Zip Code 87106
- Market Albuquerque
Points of Interest
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Africa Train Station
2.01 miles
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Asia Train Station
2.25 miles
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Tingley Station
2.82 miles
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Aquarium/Garden Station
3.26 miles
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Bernalillo County/International Sunport
3.75 miles
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Montaño
4.11 miles
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Los Ranchos/Journal Center
6.82 miles
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Sandia Pueblo
9.31 miles
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Isleta Pueblo
9.46 miles
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Alon
0.26 miles
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Smiths Food and Drug Fuel Center
0.28 miles
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Chevron
1.28 miles
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Shell
1.30 miles
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Texaco
1.33 miles
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Valero
1.43 miles
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ChargePoint
1.57 miles
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Y-Mart
1.58 miles
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Tesla Supercharger
2.24 miles
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North Lot
0.07 miles
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Central Lot
0.17 miles
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Jeanette Stromberg Lot
0.23 miles
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Ted Chavez Lot
0.24 miles
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Smith Brasher East Lot
0.28 miles
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Central New Mexico Community College Paid Parking
0.29 miles
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Smith Brasher West Lot
0.33 miles
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Physical Plant Department Lot
0.34 miles
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Smith Brasher South Lot
0.42 miles
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SpringHill Suites Albuquerque University Area
0.62 miles
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Crossroads Motel
0.68 miles
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Hotel Parq Central
0.79 miles
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Econo Lodge Downtown
0.80 miles
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Rodeway Inn
0.83 miles
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Knights Inn Albuquerque
0.83 miles
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Days Inn by Wyndham Albuquerque Downtown
0.93 miles
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Hiway House
0.93 miles
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Motel 6
0.97 miles
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Howard Johnson by Wyndham Albuquerque Midtown
0.97 miles
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Smith's
0.23 miles
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La Montanita
0.40 miles
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La Montañita Co-op Nob Hill
1.13 miles
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Stadium Super Market
1.23 miles
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Nob Hill Body and Soul Center
1.40 miles
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Silver Street Market
1.43 miles
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Lowes Foods
2.16 miles
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Whole Foods Market
2.18 miles
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Sprouts Farmers Market
2.21 miles
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Walmart Supercenter
2.56 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Todd Clarke
New Mexico Apartment Advisors