Unit 56 Unit Multifamily Investment Offering - Casa Mesilla Apartments
Available
December 15, 2023
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Available on
December 15, 2023
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Time on Market
5 months
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Last updated
Dec 14, 2023
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Space ID
2152012
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Property Details
Property Benefits
. 56 Units. Convenient location. Close proximity to shopping, dining, schools and other amenities. Located just north of Kirtland Air Force Base in the Southeast Heights. Each unit is individually metered for gas and electric. Some units have private secured yards. Well maintained buildings and grounds . Gas wall panel or electric baseboard heating . Evaporative cooling .Investment Highlights
. Desirable and functional unit mix . Priced well below replacement cost. Below market rents. Portfolio is contiguous but is comprised of 10 separate parcels. Flexible future exit strategies. High barriers to entry with significant demand . Strong historical occupancy . Ability to increase rents and income. Albuquerque MSA has a strong rental market with low vacancy rates- Property TypeMulti-Family
- Total Building Size29,147RSF
- Total Available29,147RSF
- Last updatedDec 15, 2023
- Property ID2230504
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