Property Type:
Residential Income
Square Footage:
5,500
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$923,759
List Date:
6/23/2024
Last Modified:
2/02/2025
Overview
Description
On behalf of the owner, NM Apartment Advisors and Deacon Property Services are thrilled to bring to market this mid-century modern gem of a 10 unit apartment complex. Excellent Ridgecrest location: pride of ownership block right off Ridgecrest Ave. and Kathryn Ave. Close to UNM, CNM, Kirtland Air Force Base, the Sunport, and Nob Hill. This property is positioned to reap the benefits of one Albuquerque's largest and most concentrated revitalizations and in
Supplements:
Nearly all essential val- ue-add work is complete at the property, yet rents are 25% to 30% under market (as is). All units feature excellent / pragmatic floor plans complimented by well-preserved mid-century modern
Last Updated: February - 02 - 2025
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