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  • DESCRIPTION

    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.

    KEY DETAILS
    • Price:
    • $1,995,000
    • Bedrooms:
    • 22
    • Square Footage:
    • n/a
    • Acreage:
    • 0.46
    • Year Built:
    • 1977
    • MLS #:
    • 1028238
    • Street Address:
    • 200 Hermosa Dr NE
    • City:
    • Albuquerque
    • State:
    • NM
    • Postal Code:
    • 87108
    • County:
    • Bernalillo
    • Area:
    • 40 - Unm
    • Listing Status:
    • For Sale - Active

    Building

    • 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

    Land

    • Approximate Lot Size Range Source:
    • Public Records
    • Lot Square Footage:
    • 20038
    • Zoning Description:
    • Mx-T*

    Listing

    • Community Features:
    • Laundry Facilities, Storage Facilities
    • Days On Market:
    • 129
    • 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

    Money

    • Property Taxes:
    • $6,146
    • Tenant Pays:
    • Other, See Remarks

    Systems

    • 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

    Units

    • Unit 1 Monthly Rent:
    • 650
    • Unit 1 Total Bathrooms:
    • 22
    • Unit 1 Total Bedrooms:
    • 22

    Source

    • Listing Provided By: Loria A Hamilton-Field with USRealty.com

      NMALBUQ
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