Contacts
Todd Clarke
New Mexico Apartment Advisors
Property Details
- Property Type Multi-Family
- Property Size 7,500 SF
- Units 12
- Lot Size 0.46 Acre
- Cap Rate % 6.91
- Additional Rent Contact for pricing
- Year Built 1946
- Date Updated Oct 24, 2024
On behalf of the owner, NM Apartment Advisors is excited to bring to market this 12 unit property. The owner has recently made signiÞcant improvements to this family style apartment compound. Do not miss out on this rare value add opportunity to buy a renovated property with rents 26% below market. This 12 community is located in an area of that has had major announcements of new employment. Couple that with the impact of the citywide expansion of Netflix, Facebook, Intel and Amazon and this property is well positioned to enjoy the forthcoming wave of appreciation and rent growth.
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Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Albuquerque, NM
- Neighborhood La Mesa
- Zip Code 87108
- Market Albuquerque
Points of Interest
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Africa Train Station
5.44 miles
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Montaño
5.52 miles
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Asia Train Station
5.69 miles
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Tingley Station
6.22 miles
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Bernalillo County/International Sunport
6.26 miles
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Aquarium/Garden Station
6.60 miles
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Los Ranchos/Journal Center
7.32 miles
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Sandia Pueblo
9.24 miles
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Alon
0.61 miles
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Circle K
0.74 miles
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Smith's gas station
0.90 miles
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Pump-N-Save
1.13 miles
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Chevron
1.17 miles
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Phillips 66
1.27 miles
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Murphy Express
1.29 miles
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Maverik
1.30 miles
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Tesla Supercharger
3.38 miles
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ChargePoint
4.86 miles
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Two Park Square Visitor Parking
1.50 miles
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Park Square Parking Garage
1.55 miles
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Underground Parking Entry
1.64 miles
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Patient Lot
1.92 miles
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Employee Lot J
2.15 miles
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RV Parking
2.16 miles
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Lomas Parking Structure
2.98 miles
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Recreational Storage
3.01 miles
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Cornell Parking Garage
3.10 miles
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American Inn & Suites
0.25 miles
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Barcelona Suites
0.64 miles
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Lazy H Motel
1.08 miles
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Marriott Albuquerque
1.40 miles
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TownePlace Suites
1.45 miles
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Fairfield Inn & Suites Albuquerque Uptown
1.45 miles
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Hilton Garden Inn Albuquerque Uptown
1.50 miles
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Sahara Motel
1.59 miles
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Hyatt Place Albuquerque / Uptown
1.75 miles
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Homewood Suites
1.76 miles
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Bombay Spice
0.60 miles
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El Mezquite Market
0.86 miles
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Smith's
1.02 miles
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TJ Maxx
1.21 miles
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Dillard's
1.34 miles
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Sprouts Farmers Market
1.40 miles
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Kirtland Commissary
1.41 miles
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Kirtland Exchange
1.43 miles
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Target
1.48 miles
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Trader Joe's
1.56 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