$3,250,000 419 Monroe Street Ne Albuquerque, NM

MLS: 847327   Type: Multi-Family   County: Bernalillo   City: Albuquerque   Area: Unm   Neighborhood: Heights Reservoir Add Tr 18   Zip: 87108   Style: 9 or More Units     Stories: 2   Taxes: $13,213

Mortgage $15,258 /mo



Half Baths

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Nob Hill infill investment opportunityNM Apartment Advisors Inc. is proud to bring to market the Zia East apartments. Located just north and east of Albuquerque's retail, restaurant mecca, Nob Hill, the Zia East apartments are adjacent to Zia park and Zia Elementary school. Surrounded by $160,000-$225,000 residences, this 50 unit community is an excellent opportunity for a value-add investor who wants to build on the stable resident base the current owner/management team has put in place.The high walk score (72) and bike score (79) is reflective of the Nob Hill lifestyle which offers millennials and baby boomers over 80 restaurants, a Sprouts grocery market and easy access to the UNM and CNM campuses.

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Price History

8/10/2015 Listed $3,110,000

Builder UNK
Disability Access Unknown
Finance Considered Cash Only, Conventional
Number of Units 50.00
Rental Info Current Lse Agreemnt
Subdivision Heights Reservoir Add Tr 18
Tenant Pays None
Utilities All City
Zoning R-3

Interior Features

5+ Units Yes
Amenities Laundry Community, Some Landscaping
Appliances Included Refrigerator
Basement No
Cooling Evaporative
Flooring Carpet, Tile (Not Vinyl)
Heating Central Forced Air

Exterior Features

Construction Frame
Exterior Material Stucco
Metering All Master Metering
Roof Flat

Property Schools

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Gallery (23 photos)

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Property vs Zip Code Avg (87108)

Price 3.25M Avg 331K

Sqr Feet 33,000 Avg 3,598

Cost / Sqr Ft $98 Avg $92

Taxes $13,213 Avg $2,298

Acres 1.3 Avg 0.25

Visits 127 Avg 20

Days on Site 595 Avg 104

Walkscore® 72 Avg 65

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Listing Provided Courtesy Of: NM Apartment Advisors, Inc.

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Location & Address

eXp Realty New Mexico
6565 Americas Parkway NE, Suite 200
Albuquerque, NM