200 Rio Grande

$2,450,000

1 of 39

200 Rio Grande

$2,450,000

  • 18150 sqft

Contact Presenting Broker

    Marion Skubi

    Marion Skubi Group

    505.660.8722

    Key Features

    • MLS: 201404176
    • Status: Sold
    • Price: $2,450,000
    • Area: 20-Albuquerque
    • Type: Apartment Complex
    • Acres: 0.71
    • Total Sqft: 18,150
    • Sell Date: 10-02-2015
    • Listing Agency: NM Apartment Advisors, Inc.
    • Selling Agency: NM Apartment Advisors, Inc.

    About this Property

    Originally built by well known and admired custom home builder, HL Cleff, the property was destroyed by a fire in the mid 2000s. Purchased by local developer, John Mahoney who completed renovations in 2014, the property shines with quality upgrades from edge to edge. Currently in lease-up phase, the property is expected to offer a new investor full occupancy by this fall with an average rent of $1.18/sf or $1,198 per month. The property's new condition, sub metered utilities and great location should all lead to an easier than average property to maintain. Tour - September 4th, 2014 at noon, offer deadline September 10th at 5pm. Email Listing agent for tour registration/document link

    Additional Features

    • Type Apartment Complex
    • Style Multi-Level
    • Days On Market 410
    • SewageCity

    Schools

    Listing Brokerage

    IDX listing

    Todd Clarke

    NM Apartment Advisors, Inc.

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.