Contacts
New Mexico Apartment Advisors
Property Details
- Property Type Multi-Family
- Property Size 6,081 SF
- Units 14
- Lot Size 0.33 Acre
- Cap Rate % 6.78
- Date Updated Jan 23, 2025
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring to market this UNM / CNM 14-plex. Sited on two separate lots just 3 blocks to UNM, this unique complex offers two single family homes and a 12 Unit complex of updated studio apartments.
306 Vassar SE is a smartly remodeled, open concept 2 bedroom / 1 bath cottage with private parking and a wraparound yard on its own lot. 310 Vassar is an updated 3 bedroom / 2 bath bungalow. 312 Vassar features 12 updated studio apartments – each with the same accommodating and pragmatic floor plan with unique custom touches and character in each apartment. All units have thermal windows. 310 and 312 Vassar both have newer roofs. You’ll also Þnd lots of other updates throughout each unit.
Exceptional UNM/ CNM location with R-ML Zoning on both lots and plenty of off-street parking to accommodate all tenants and their visitors. This unique compound offers the rare opportunity for both a quality core asset with room for natural rent growth and plenty of value add opportunity – including adding additional units while continuing to update the existing buildings.
Reach out to the broker for more info on lease terms and amenities
Getting around
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77/100
Walk Score ®
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43/100
Transit Score ®
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84/100
Bike Score ®
Location
- City Albuquerque, NM
- Neighborhood University Heights - North Campus
- Zip Code 87106
- Market Albuquerque
Points of Interest
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Africa Train Station
2.64 miles
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Asia Train Station
2.89 miles
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Tingley Station
3.46 miles
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Aquarium/Garden Station
3.89 miles
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Bernalillo County/International Sunport
4.04 miles
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Montaño
4.29 miles
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Los Ranchos/Journal Center
6.89 miles
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Sandia Pueblo
9.30 miles
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Isleta Pueblo
9.59 miles
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Smiths Food and Drug Fuel Center
0.45 miles
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Alon
0.68 miles
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Y-Mart
0.95 miles
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Fill-Up
0.98 miles
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Valero
1.10 miles
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Smith's
1.34 miles
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ChargePoint
2.17 miles
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Tesla Supercharger
2.20 miles
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Cornell Parking Garage
0.46 miles
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Central Lot
0.59 miles
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North Lot
0.62 miles
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Central New Mexico Community College Paid Parking
0.62 miles
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Jeanette Stromberg Lot
0.62 miles
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Physical Plant Department Lot
0.68 miles
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Lomas Parking Structure
0.70 miles
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Ted Chavez Lot
0.77 miles
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Yale Parking Garage
0.85 miles
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Hiway House
0.35 miles
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Hotel Zazz
0.68 miles
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De Anza Motor Lodge
1.04 miles
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Extended Stay America
1.07 miles
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Residence Inn Albuquerque Airport
1.09 miles
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Comfort Inn
1.14 miles
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Sleep Inn
1.16 miles
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Days Inn & Suites by Wyndham Airport Albuquerque
1.19 miles
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Courtyard
1.20 miles
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SpringHill Suites Albuquerque University Area
1.23 miles
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Smith's
0.44 miles
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La Montanita
0.46 miles
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La Montañita Co-op Nob Hill
0.52 miles
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Nob Hill Body and Soul Center
0.78 miles
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Sprouts Farmers Market
1.64 miles
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Stadium Super Market
1.80 miles
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Whole Foods Market
1.95 miles
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El Mezquite Market
2.00 miles
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Silver Street Market
2.07 miles
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Big Lots
2.89 miles
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.
New Mexico Apartment Advisors
