This property is Off-Market

115 Harvard SE
Albuquerque, NM 87106 ·

46 Units · Multifamily For Sale

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Brick Light Courtyards

Price N/A Cap Rate 6.50%
No. Units 46 Occupancy 97%
Building Size 33,553 SF No. Stories 3
Property Type Multifamily Year Built 2008
Property Sub-type Mid/High-Rise Lot Size 0.81 AC
Property Use Type Investment Parking Ratio 2.44 / 1,000 SF
Listing ID: 16882172 Date Created: 10/22/2010 Last Updated: 06/06/2011

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.

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

Research

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

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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