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This all studio 39 unit portfolio, has 8 units under renovation that should be finished in September. Located at 1409 Girard NE and 1440 Vassar NE and just north of UNM north campus (medical/law school) and next to the world famous Padilla's restaurant (arrive early!).Amenities include high speed internet, two laundry rooms and 3 furnished corporate style units. In addition to the 8 units under renovation, the owner has installed new boilers in 2015 and a new roof in 2018.The location is great if you need quick access to UNM, CNM, the Downtown Medical cluster, or Uptown's three main retail centers.This is a core asset with stabilized cash flows that could also be a value-add opportunity if an investment was made in upgraded finishes for the balance of the units.

Listing ID1018792
Price$3,239,884
StatusActive
Total Baths1
SqFt 16,088
Acres 0.400
CountyBernalillo
Subdivision* A 001REPLAT LTS 4 THRU 8 BLK 1 VISTA LARGA SUBD
Year Built1972
Property TypeResidential Income
Property Sub TypeMulti Family

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Myers & Myers Real Estate, Inc.
Albuquerque, NM 87122
United States
Phone: 505-401-7500

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