Introducing Hermosa Commons, a stunning turnkey multi-family and commercial building investment portfolio located in the heart of the highly desirable Nob Hill neighborhood.As you may know, Albuquerque is in a housing crisis, and thanks to all the new job growth the demand for apartments has skyrocketed.Hermosa is a mixed-use property boasting a total of 22 units (20 studios, 2 - 1 bedrooms, and commercial units, with a gross building area of 11,369 sq. ft.Most studio units are 330 sq. ft. with the same floor plans.The property is turn-key with a strong history of occupancy and is located in a high-demand rental market.Currently, owner-managed fully remotely with maintenance and video security system. Don't miss out on this amazing opportunity.
- Price:
- $1,995,000
- Bedrooms:
- 22
- Acreage:
- 0.46
- Year Built:
- 1977
- Listing ID #:
- 1028238
- Street Address:
- 200 Hermosa Dr NE
- City:
- Albuquerque
- State:
- New Mexico
- Postal Code:
- 87108
- County:
- Bernalillo
- Community:
- 40 - Unm
- Listing Status:
- Active
- Listing Type:
- Residential Income
- Building Condition:
- Resale
- Construction Description:
- Frame
- Exterior Features:
- Landscaping
- Flooring:
- Carpet, Laminate
- Number Of Floors In Unit:
- Two
- Number Of Units:
- 22
- Stories:
- 2
- Total # Of Buildings:
- 2
- Year Built:
- 1977
- Year Built Description:
- 41 - 50
- Approximate Lot Size Range Source:
- Public Records
- Lot Square Footage:
- 20038
- Zoning Description:
- Mx-T*
- Community Features:
- Laundry Facilities, Storage Facilities
- Days On Market:
- 141
- On Market Date:
- 2023-01-18
- Originating Mls:
- Swmls
- Property Disclosures:
- Lead Based Paint Disclosure, Ranm2100disclosure
- Terms:
- Cash, Conventional, Fha, Owner May Carry, Other, See Remarks
- Property Taxes:
- $6,146
- Tenant Pays:
- Other, See Remarks
- Appliances:
- Refrigerator
- Cooling System:
- Central Air, Window Unit(s)
- Has Central Air Conditioning:
- Yes
- Heating:
- Baseboard, Electric, Hot Water
- Utilities:
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Unit 1 Monthly Rent:
- 650
- Unit 1 Total Bathrooms:
- 22
- Unit 1 Total Bedrooms:
- 22
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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: Loria A Hamilton-Field with USRealty.com
