• 609 - 609, Albuquerque, NM 87108

For Lease

Unit 56 Unit Multifamily Investment Offering - Casa Mesilla Apartments

Available December 15, 2023
  • Available on
    December 15, 2023
  • Time on Market
    5 months
  • Last updated
    Dec 14, 2023
  • 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 Type
    Multi-Family
  • Total Building Size
    29,147RSF
  • Total Available
    29,147RSF
  • Last updated
    Dec 15, 2023
  • Property ID
    2230504

Landlord's Leasing Representatives

  • Cole Flanagan, CPA (FL), MBA
     
  • Jake Mechenbier