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200 Hermosa is a mixed use property in Albuquerque's most notable cultural hub, Nob Hill. This property is a mix of 20 studios, 2 1-Bedroom, and 1 Commercial units. Total gross building area is 11,369 SF with most Studio units being 300 SF. The property has remained very occupied historically, and is in a highly desirable rental market. 200 Hermosa is a prime candidate for a new owner to add value by improving units and common areas/amenities. Majority of units are accessed via interior common area hallways and feature exterior patios. Rents are 10%-50% under market value depending on the suite and use type. This property is an absolute gem for a savvy investor ready to take it into its next phase of its lifecycle.

Listing ID1019774
Price$2,800,000
StatusActive
Total Baths1
SqFt 11,369
Acres 0.460
CountyBernalillo
Year Built1977
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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