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    7801 Louisiana Boulevard NE

    Albuquerque, NM 87109
    • $4,250,000
    • STATUS: Active
    • ON SITE: 19 Days
    • MLS #: 1001803
    UPDATED: 33 min ago
    $4,250,000
    • 0
      BEDS
    • 1.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    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

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    IDX information © 2021 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or HergGroup Albuquerque | Keller Williams Realty. Data last updated: 2021-10-17T20:04:53.327.
    albuquerque.herggroup.com/homes/121822374
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    7801 Louisiana Boulevard NE Albuquerque, NM 87109

    • Price: $4,250,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 1001803
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.62
    Acres
    Neighborhood:
    32 - Academy West
    County:
    Bernalillo
    Area:
    32 - Academy West
    Property 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
    Exterior Features

    Construction Materials Metal Siding Parking Total 3 Stories Total 1

    Interior Features

    Cooling Evaporative Cooling Cooling YN Yes Heating OtherSee Remarks

    Property Features

    Building Area Total 40036 Disclosures Ranm 2100 Disclosure Gross Income 349259 Land Lease YN No Leasable Area 100 Listing Agreement Exclusive Right To Sell Operating Expense 120187 Property Sub Type Other Property Sub Type Additional Other Tax Annual Amount 17050 Utilities Electricity ConnectedPhone ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

    Listing courtesy of Nm Apartment Advisors, Inc.. © 2021 Southwest Multiple Listing Service, Inc.


    IDX information © 2021 The Southwest Multiple Listing Service, Inc. 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. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or HergGroup Albuquerque | Keller Williams Realty. Data last updated: 2021-10-17T20:04:53.327.
     
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    HergGroup Albuquerque | Keller Williams Realty
    6703 Academy Rd. NE
    Albuquerque NM, 87109