Skip To Content

200 Hermosa Drive NE

Albuquerque, NM 87108
  • $2,800,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 1019774
UPDATED: 63 min ago
$2,800,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 11,369
    SQFT
  • $246
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



IDX information © 2022 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 The Team | Realty Executives Advantage. Data last updated: 2022-08-19T00:04:59.153.
www.trtnm.com/homes/131331970
Print Image

200 Hermosa Drive NE Albuquerque, NM 87108

  • Price: $2,800,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 63 min ago
  • MLS #: 1019774
0
Beds
1
Baths
0
½ Baths
0.46
Acres
11,369
SQFT
$246
$/SQFT
1977
Built
Neighborhood:
40 - UNM
County:
Bernalillo
Area:
40 - UNM
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.
Exterior Features

Construction Materials Frame Levels Two Parking Total 19 Stories Total 2

Interior Features

Appliances DishwasherFree-Standing Electric RangeMicrowaveRefrigeratorRange Hood Basement YN No Cooling Evaporative CoolingRefrigeratedWindow Unit(S) Cooling YN Yes Electric None Flooring CarpetLaminate Heating Baseboard Heating YN Yes Interior Features Skylights Laundry Features Washer HookupDryer HookupElectric Dryer Hookup Window Features Skylight(S)

Property Features

Builder Name Unkown Building Area Total 11369 Community Features Deck/PorchLaundry Facilities Disclosures Lead Based Paint DisclosureRanm 2100 Disclosure Listing Agreement Exclusive Right To Sell New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 6118.68 Tenant Pays Association Fees Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-T*

Southwest MLS] logo Listing courtesy of Berkshire Hathaway Nm Prop. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 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 The Team | Realty Executives Advantage. Data last updated: 2022-08-19T00:04:59.153.
 
https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1019774-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1019774-2.jpg https://bt-photos.global.ssl.fastly.net/swmls/1280_boomver_1_1019774-2.jpg
Logo
The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110