Nob Hill Multi-Family Opportunity

Multi-Family for Sale
Catylist Listing ID: 30736628
Property Subtypes: Mixed Use
Number of Units: 23 Units
Building Size (RSF): 11,370 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 Acres
Sale Price: $1,975,000
Unit Price: $85,869.57 Per Unit
Property Use Type: Investment
Building Name: Hermosa Commons
Sale Terms: Cash to Seller
Cap Rate: 5.0%
Last Updated: 9/17/2021

Overview / Comments

Rare opportunity to own a multi-family asset in the highly desirable Nob Hill.

There are a total of 20 studio apartments, 2 one bed/one bath units and a freestanding 1,050 sf shop space. Currently 100% occupied.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: 101705705327020224
Zoning: MX-T - Mixed-use: Transition
Total Number of Buildings: 2
Property Condition: Average
Number of Stories: 2
Year Built: 1977

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,715 126,614 288,306
Median Age: 37.83 35.47 36.97
Households: 9,611 55,829 125,717


Photograph of Listing Agent

Clay J Azar

Metro Commercial Realty, Inc.
Photograph of Listing Agent

Joe Brooks

Keller Williams Realty
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