7801 Louisiana Boulevard NE, Albuquerque, NM 87109 (MLS# 1001803)


$4,250,000
7801 Louisiana Boulevard NE
Albuquerque, NM 87109
MLS# 1001803
Status: Pending
40036 sqft


7801 Louisiana Boulevard NE, Albuquerque, NM 87109
  1 / 17  
7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109 7801 Louisiana Boulevard NE, Albuquerque, NM 87109

Property Description
Multiple offers in hand, in best and final round that closes Wednesday 12pm 283 minstorage units in North I25 submarket. Located just east of the North I-25 corridor and just south of the booming Paseo del Norte Retail corridor and surrounded by thousands of new apartment units, this facility is well positioned to expand its services to retailers, apartment renters or businesses. A core asset, with high occupancy, and a customer base that stayed with a recent rent increase, the rents in this community are below market and the ability to enhance income with revenue share models for insurance, and expansion of the selling more moving products makes this a value add asset as well. The facility has an onsite residence, office, is gated, with 50% of the units cooled by evaporative

Details
Maps
Documents
Status Change Info
Pending Date: 2021-11-30
Contract Information
Listing Price: 4250000
Current Price: $4,250,000
List Price/SqFt: 106.15
On Market Date: 2021-09-27
Status: Pending
Location
Street #: 7801
Street Name: Louisiana
St Suffix: Boulevard
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87109
Zip +4: 5642
Directions: From I-25 and Paseo del Norte - east to Louisiana, south to property
Geo Lat: 35.170338
Geo Lon: -106.56937
Area: 32 - Academy West
Zone Atlas: D18
General Property Description
Property Sub-Type: 1
Apx Structured SqFt: 40036
Acres: 1.62
Lot SqFt: 70567.2
Apx Lot Dim Front: 400
Apx Lot Dim Side: 295
Addl Lot Dim: rough dimentions
Lot Description: Rectengular
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: 1
Ceiling Height Range: 16
# Parking Spaces: 3
Docks: No
Door Height: 8
Disability Access: Unknown
HVAC: Yes
% Occupied: 100
Transaction Type: Business Included
Tax & Legal Info
UPC Code: 101806351338610316
Short Legal Desc: LOT 17A-1 BLOCK 13 PLAT OF LOT 17A-1 NORTH ALBUQUERQUE ACRES TRACT A UNIT A BLOCK 13 CONT 1.6202 AC
GRT Code: 02-100
Current Taxes: 17049.66
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 120187
Annual Gross Income: 349259
Lease Term/Months: MTM
Miscellaneous
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Property Features
Location: Corner Lot; Corner Lot
Construction: Metal
Exterior Material: Metal Siding
Utilities: Electricity Connected; Phone Connected; Sewer Connected; Water Connected
Heating: Other - See Remarks
Cooling: Evaporative Cooling
Lease Information: Other - See Remarks
Docs/Data Available: None
Finance Considered: Conventional
Zoning: MX-L*

Listing Office: NM Apartment Advisors, Inc.

Last Updated: January - 03 - 2022

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.