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Sold on 09/26/23
  • Price Unknown

    300 San Mateo Blvd NE, Albuquerque, NM 87108

    7beds
    9baths
    101,000sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $3,383,600 Zestimate®
    $--/sqft
    $1,363 Estimated rent

    What's special

    Only $5/sf! - 101,000 sf office building - approved for over 115 new apartment units.Property is up for auction - auction starts 7/24 - closes 7/26 - List price is the starting price for the auction.The property is located in East Nob-Hill and in the path of new development along a major transportation corridor. The upper floors offer unparalleled views in all directions. 80% of the building has been gutted offering wall to wall views and making redevelopment easier.Do not miss out in this amazing redevelopment opportunity and the ability to develop into a high demand market as Albuquerque is the #1 multifamily market in the country for rent growth due to all of the new Netlflix, Amazon, Facebook, and Intel jobs.Contact your buyers broker for additional information on the

    Zillow last checked: 7 hours ago

    Listing updated: September 26, 2023 at 01:11pm

    Listed by:

    Todd D Clarke 505-440-8633,

    NM Apartment Advisors, Inc.

    Bought with:

    Nonmls Nonmls

    Non Member of SWMLS

    Source: SWMLS,MLS#: 1033561MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 9
    Heating
    • None
    Cooling
    • None
    Features
    • Flooring: Concrete
    • Has basement: Yes
    Interior area
    • Total structure area: 101,000
    • Total interior livable area: 101,000 sqft

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Stories: 5
    Lot
    • Size: 3.37 Acres
    Details
    • Has additional parcels: Yes
    • Parcel number: 101805703826232235
    • Zoning description: MX-L*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Masonry
    Condition
    • Resale
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: None
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Albuquerque
    • Subdivision: replat in works

    Other

    Other facts
    • Listing terms: Cash
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $3,383,600