The Bart Prince Apartments feature ten architecturally unique two-bedroom units in the centrally located Alta Monte neighborhood. Designed by the legendary Albuquerque architect Bart Prince, the building is gated and fenced with a central courtyard. Each unit boasts an original feature - fireplace, balcony or fenced yard - making them easy to rent. The building has been thoughtfully updated with newer gas furnaces and roof, brand new stucco, exterior paint and a laundry room upgrade. Located within a 5-mile radius of over 75,000 jobs, this property is well positioned and close to Downtown, UNM, Uptown and the North I-25 corridor. The building has an excellent rental history with further upside potential. Present rents average $714, giving a GRM of 9.63 with a 6.39 CAP at the asking price.
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Listing information last updated on August 24th, 2019 at 8:56pm MDT.