Contacts
Todd Clarke
New Mexico Apartment Advisors
Property Details
- Property Type Multi-Family
- Property Size 1,856 SF
- Units 3
- Lot Size 0.16 Acre
- Cap Rate % 5.79
- Additional Rent Contact for pricing
- Date Updated Oct 25, 2024
On behalf of the owner, NM Apartment Advisors Inc. and Deacon Property services are pleased to present this opportunity to acquire one of the most charming UNM Area Tri-plexes we’ve ever seen. Updated with the utmost care and attention – each apartment is wholly unique with distinct accommodating floor plans, outdoor living spaces, custom Þnishes, and artistic touches. Units are separately metered – gas and electric. Units A and B share a private, recently updated laundry room. 421 ½ has its own washer / dryer. Residents love the romantic atmosphere and artisan work around every corner - stained glass accents, custom wood work, built-ins, Talavera tile, meandering pathways, and extensive garden areas. Top UNM market rents come easily with plenty of room for simple value add measures – like furnishing one or all units, including WiFi, or creating additional private yard spaces. Exceptional UNM location puts the property within a mile of UNM Hospital & Presbyterian Hospital and just 4 blocks to UNM. 84 Walk Score. 83 Bike Score. Would you like to lower your effective Federal tax rate from 35% to 5%*? Please see page 6 for information on cost segregation and the beneÞts of the 2018 Tax Cut & Jobs act. * Investors must close by 12/31/2023 to receive this beneÞt as it decreases in 2024. Properties like this, in a market where amazing job growth from all of the new Netflix, Facebook, Intel and Amazon jobs, go quickly. Do not wait as you will be honored to own this one.
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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 University Heights - North Campus
- Zip Code 87106
- Market Albuquerque
Points of Interest
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Africa Train Station
2.26 miles
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Asia Train Station
2.51 miles
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Tingley Station
3.10 miles
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Aquarium/Garden Station
3.56 miles
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Bernalillo County/International Sunport
3.66 miles
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Montaño
4.39 miles
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Los Ranchos/Journal Center
7.07 miles
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Isleta Pueblo
9.29 miles
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Sandia Pueblo
9.53 miles
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Smiths Food and Drug Fuel Center
0.06 miles
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Alon
0.34 miles
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Y-Mart
1.35 miles
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Fill-Up
1.38 miles
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Chevron
1.43 miles
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Valero
1.45 miles
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Texaco
1.45 miles
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ChargePoint
1.89 miles
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Tesla Supercharger
2.43 miles
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Central New Mexico Community College Paid Parking
0.19 miles
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Central Lot
0.20 miles
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Jeanette Stromberg Lot
0.20 miles
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Physical Plant Department Lot
0.24 miles
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North Lot
0.29 miles
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Ted Chavez Lot
0.35 miles
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BMX Lot
0.43 miles
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Smith Brasher East Lot
0.46 miles
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Student Services Center Lot
0.52 miles
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Hiway House
0.79 miles
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Residence Inn Albuquerque Airport
0.83 miles
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Extended Stay America
0.84 miles
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Comfort Inn
0.85 miles
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Sleep Inn
0.90 miles
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Courtyard
0.95 miles
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SpringHill Suites Albuquerque University Area
0.96 miles
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Holiday Inn Express Hotel & Suites Albuquerque Airport
0.96 miles
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Days Inn & Suites by Wyndham Airport Albuquerque
0.97 miles
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Crossroads Motel
1.02 miles
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Smith's
0.14 miles
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La Montanita
0.51 miles
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La Montañita Co-op Nob Hill
0.96 miles
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Nob Hill Body and Soul Center
1.21 miles
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Stadium Super Market
1.37 miles
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Silver Street Market
1.73 miles
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Sprouts Farmers Market
2.08 miles
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Whole Foods Market
2.28 miles
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El Mezquite Market
2.40 miles
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999 Seafood Supermarket
2.41 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