As you may know, ABQ is in a housing crisis, and thanks to all of the new job growth is in desperate need for more housing.As you may know from all of the new Netflix, Facebook(Meta), Intel, Amazon and other jobs, Albuquerque needs an additional 16,268 additional rental units.Knowing this, NM Apartment Advisors Inc. is excited to bring to market The Gathering, a proposed, west side, mixed-use light zoned, 2.53 acre site that has plans, appraisals, market studies and so much more for a new 75 unit apartment community. Located at 730 North Coors and sandwiched between a new Dutch Brothers coffee and Wecks restaurant this site is very visible, in a well known commercial corridor.This offering is available at $1,500,000 or $20,000 per unit. Projected rents are $2,084 per unit or$
- Price:
- $1,500,000
- Acreage:
- 2.53
- Listing ID #:
- 1025931
- Street Address:
- 730 Coors Blvd NW
- City:
- Albuquerque
- State:
- New Mexico
- Postal Code:
- 87121
- County:
- Bernalillo
- Community:
- 111 - Ladera Heights
- Subdivision:
- Lands Of Campbell
- Listing Status:
- Active
- Listing Type:
- Land
- Approximate Lot Size Range Source:
- Public Records
- Existing Land Use:
- Commercial
- Lot Features:
- None, Acreage
- Lot Square Footage:
- 110206.8
- Suitable Use:
- Commercial, Unimproved
- Topography:
- Level
- Total Number Of Lots:
- 1
- Zoning Description:
- Mx-L*
- Days On Market:
- 194
- On Market Date:
- 2022-11-16
- Originating Mls:
- Swmls
- Property Disclosures:
- Ranm2100disclosure
- Restrictions:
- Otherrestrictions, Seeremarks
- Terms:
- Cash, Conventional
- Property Taxes:
- $15,957
- Existing Water:
- Public
- Sewage Type:
- Public Sewer, None
- Utilities:
- Other, See Remarks, Sewer Not Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Todd D Clarke with NM Apartment Advisors
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11500 Zinfandel Ave NE, Albuquerque, NM 87122
5,188 SqFt
5 Beds | 5 Baths
Listing Provided By: Realty One Of New Mexico ACTIVE
