2929 Monte Vista Boulevard Ne, Albuquerque, 87106



Todd D Clarke
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Amazing building - like new construction - renovated ground up in 2010. You have hit the Trifecta for walk (90), bike (96) and transit (50) scores, scoring in the top 10% for each. Across the street from UNM and just south of the nob-hill gateway and Route 66.Seven (7) units total - two (2) retail spaces on ground floor, plus five (5) furnished apartments that can be live/work or vacation rental (property has 5 year history of master leased to vacation rental operator).3rd floor penthouse apartment has views 360 of the city and seating for 50!Mixed use property is exactly what the millennial generation is looking for.Measure of investment performance at list price of $1,631,824 include, price per unit of $233,118, $/sf of $301.07, GRM of 11.65, Cap Rate before reserves of 5

Essential Information

MLS® #: 909945
Price: $1,631,824
Square Footage: 5,420
Acres: 0.07
Year Built: 1950
Type: Residential Income
Sub-Type: 7 Units
Status: Active

Community Information

Address: 2929 Monte Vista Boulevard Ne
Area: 40 - UNM
Subdivision: Monte Vista Add
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87106


Amenities: Balconies/Deck, No Landscaping, Owners Unit
Utilities: All City


Appliances: Refrigerator
Heating: Gas
Cooling: Refrigerated
# of Stories: 3
Stories: 3+ Stories


Construction: Block

Additional Information

Date Listed: January 28th, 2018
Days on Market: 593
Zoning: MX-M*

Listing Details

Listing Agent: Todd Clarke
Listing Office: NM Apartment Advisors, Inc.
Office Phone: (505) 440-8633


$/SqFt: $301

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Listing information last updated on September 15th, 2019 at 6:26am MDT.