200 Hermosa Ne Drive, Albuquerque, NM 87108

$2,800,000
11,369
SqFt

Property Description

200 Hermosa is a mixed use property in Albuquerque's most notable cultural hub, Nob Hill. This property is a mix of 20 studios, 2 1-Bedroom, and 1 Commercial units. Total gross building area is 11,369 SF with most Studio units being 300 SF. The property has remained very occupied historically, and is in a highly desirable rental market. 200 Hermosa is a prime candidate for a new owner to add value by improving units and common areas/amenities. Majority of units are accessed via interior common area hallways and feature exterior patios. Rents are 10%-50% under market value depending on the suite and use type. This property is an absolute gem for a savvy investor ready to take it into its next phase of its lifecycle.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway NM Prop.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.