$4,250,000

7801 Louisiana Boulevard NE

Albuquerque NM, 87109

Description

Multiple offers in hand, in best and final round that closes Wednesday 12pm283 minstorage units in North I25 submarket.Located just east of the North I-25 corridor and just south of the booming Paseo del Norte Retail corridor and surrounded by thousands of new apartment units, this facility is well positioned to expand its services to retailers, apartment renters or businesses.A core asset, with high occupancy, and a customer base that stayed with a recent rent increase, the rents in this community are below market and the ability to enhance income with revenue share models for insurance, and expansion of the selling more moving products makes this a value add asset as well. The facility has an onsite residence, office, is gated, with 50% of the units cooled by evaporative

Details

MLS#1001803
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site29

Features

SQ Feet40,036
Acreage1.62
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Area Information
StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87109
Area32 - Academy West
Listing VS Median (in 87109)
Price:
$4,250,000
low | high
Med:
$260,000
100% of Average
SqFt:
40,036
low | high
Med:
1,858
100% of Average
$ / SqFt:
$106
low | high
Med:
$141
17.14272453938% of Average
On Site:
29
low | high
Med:
414
7.004830917874% of Average
Sourced by Back At You
Listing Updated: October 24, 2021 6:15:27 PM PDT
Todd D Clarke LogoMLS Number: 1001803
Listing Provided By:
Todd D Clarke  of  NM Apartment Advisors, Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Albuquerque Association of REALTORS®.
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