Historical Multifamily Sale Listing - Brick Light Courtyards

Multifamily For Sale

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Brick Light Courtyards

115 Harvard SE, Albuquerque, NM 87106

N/A

46 Units | Multifamily

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Brick Light Courtyards

Multifamily Property - Off Market

Price:
N/A
No. Units:
46
Building Size:
33,553 SF
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
6.50%
Occupancy:
97%
No. Stories:
3
Year Built:
2008
Lot Size:
0.81 AC
Parking Ratio:
2.44 / 1,000 SF
Listing ID
16882172
Last Updated
over 1 year ago

Highlights

  • Irreplaceable Infill Locaction
  • Rare New Construction
  • Highest Rents in Submarket
  • Stable Multihousing Market
  • Condominium Conversion, Student Housing Conversion
  • Capital Markets | Limited Additional Capital Costs | Superior Asset Quality

Description

Brick Light Courtyards is located at one of the most desirable infill locations in all of Metropolitan Albuquerque. This sale is for the Residential portion of the project only. The Owner could be enticed to sell the Retail portion for the right price.

This community is in the Brick Light District, south of University of New Mexico, east of Presbyterian Hospital, north of CNM, west of Nob Hill neighborhood - next to some of the most affluent neighborhoods in greater Albuquerque. The luxury apartment community is only minutes away from Sunport International Airport, and many other distinctive landmarks along the University Coridor including The Parq Central Hotel, Frontier Restaurant, Downtown Business District, and I-25.

Map of 115 Harvard SE, Albuquerque, NM 87106 (Bernalillo County)

Research for 115 Harvard SE, Albuquerque, NM 87106 (Bernalillo County)

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Created 10/22/2010