Albuquerque NM Real Estate & Homes for Sale

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$539,000

532 Bright Way NW Albuquerque, NM 87105

Open House:

Friday, 5/3 4:00-6:00PM

Beds:
4
Baths:
3.00
Sq.Ft.:
2,739
Status:
Active
MLS#:
1042156
Type:
Single Family
Subdivision:
CONSTANCIA SUBDIVISION
Lot size:
0.19 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Realty One of New Mexico (505) 883-9400
View additional info

Beautiful New Construction/ Nueva Contruccion: 4 Bedroom 2.5 Bath, 2 Story Home in Cul-de-sac. FHA 5.75% , VA 5.50%, Conventional 6.375% *Preferred Lender Incentive Inquire for Details. Great Open Floor Plan. Come feel the Coziness of the Fireplace in Large Open Living/Family Room. Large Kitchen with Quartz Waterfall Island. Lots of Natural Light. Upper Level Views . Backyard access for extra vehicles or RV/Trailer with Back Yard Access! Located near amenities. Minutes from Shopping Centers/Plazas, Parks, Starbucks and much much more.. Balcony, Refrigerated Air, Tankless Water Heater, Synthetic Stucco, TPO Roof, Finished Garage with Smart Opener, Covered Porches. No Association Dues nor PID's. Easy to View with Appointment. LLamenos para su cita hoyl

$2,350,000

9505 Lyndale Lane NW Albuquerque, NM 87114

Beds:
4
Baths:
5.00
Sq.Ft.:
4,220
Status:
Active
MLS#:
1058404
Type:
Single Family
Subdivision:
Black Farm Estates
Lot size:
1.1 Acres
Year built:
2015
Courtesy: Berkshire Hathaway NM Prop
View additional info

The world-traveled owners have created this stunningly elegant yet cozy home in the prestigious Black Farm Estates. In partnership with Santa Fe basedinternational designer, Eric Spurlock, the owners thoroughly thought out and executed every detail to create a home like no other. Custom details create a home that can never be duplicated. Every light, fixture, and tile have being carefully curated. Examples include Phylrich faucets, custom 18k tiles and Schonbek chandeliers. The serene outdoor spaces include a reflecting pool watched over by KarlJensen sculpture ''Freedom'' that can be enjoyed from a covered patio complete with outdoor kitchen.The cooks job is made easy with a gas cook top, double ovens, a pot filler and well laid out soft close cabinetry. Office with separate entrance.

$1,100,000

910 Idlewilde Lane SE Albuquerque, NM 87108

Beds:
3
Baths:
5.00
Sq.Ft.:
5,602
Status:
Active
MLS#:
1042109
Type:
Single Family
Lot size:
0.27 Acres
Year built:
1962
A broker reciprocity listing Courtesy: Keller Williams Realty (505) 897-1100
View additional info

A hidden gem & one-of-a-kind property in Albuquerque's desirable Ridgecrest area.A true palace set on a generous lot with mountain views, lush yard with a flowing waterfall pond and mature trees. This home is awash in luxury and opulence. Starting with a grand entryway, terrazzo floors and hand painted 14K gold accents. The living room is expansive, with raised-panel Honduras mahogany built-ins and a fireplace. The formal dining room is equally impressive, with a striking chandelier and designer fabric wall coverings. The kitchen is a chef's dream, with loads of mahogany, finished maple cabinets, shimmering countertops, brand new SS appliances and a breakfast nook with beveled glass windows to show the views. The primary suite is fit for a king or queen.

$950,000

629 Solar Road NW Albuquerque, NM 87107

Beds:
4
Baths:
4.00
Sq.Ft.:
4,628
Status:
Active
MLS#:
1058820
Type:
Single Family, Ranch
Lot size:
0.45 Acres
Year built:
1953
A broker reciprocity listing Courtesy: Welcome Home Realty (505) 400-0091
View additional info

Welcome to your dream home in the prestigious Lee Acres community! This exquisite property offers the epitome of luxury living with its main home boasting 3200 square feet of immaculately designed space.But that's not all - this remarkable property also features a stunning casita, offering over 1300 square feet of additional living space. Ideal for guests or extended family, the casita boasts a private bedroom, separate bath, and a comfortable living room for ultimate relaxation. The well-appointed kitchen ensures guests feel right at home, while the attached oversized two-car garage with washer and dryer hookups adds a touch of convenience.With a separate gated driveway, privacy and security are guaranteed, providing peace of mind for you and your guests.

$635,000

3108 La Sala Cuadra Albuquerque, NM 87111

Beds:
5
Baths:
4.00
Sq.Ft.:
4,029
Status:
Active
MLS#:
1042186
Type:
Single Family
Subdivision:
La Sala Grande
Lot size:
0.47 Acres
Year built:
1972
A broker reciprocity listing Courtesy: Realty One of New Mexico (505) 883-9400
View additional info

'North Valley Look'', that is conveniently located in the middle of ABQ? This home is located in the lush, mature La Sala Grande subdivision. EXCELLENT property for multi-generational situation. Seller has completed Termite & Radon remediation.Priced at $157 per sq ft- NOT including the 700 sq ft heated/cooled Casita with kitchenette,1 bedroom, living area, eating nook & 3/4 bath. Backyard access additional gated yard for parking. Newer paint, refinished brick on main house & new flooring in Casita & in 3 bedrooms, hallway & bath of main home.Newer roof on main home, as well as evaporative coolers . Home can use updates & is priced appropriately.

$880,000

117 Tulane Drive NE Albuquerque, NM 87106

Beds:
3
Baths:
3.00
Sq.Ft.:
2,680
Status:
Active
MLS#:
1041626
Type:
Single Family
Lot size:
0.2 Acres
Year built:
2019
A broker reciprocity listing Courtesy: Dragonfly Capital RE (505) 948-0377
View additional info

Stunning custom home tucked into the heart of Nob Hill, built in 2019, you will not find another like it. This 3 bedroom 3 bath home with a casita/studio with it's own bathroom and laundry, showcases stone accents, walnut hardwood floors, high ceilings, and a chef's kitchen with Wolf range and ovens, Subzero kitchen and wine refrigerators, a gracious granite island and custom cabinets. Relax and unwind in the spa-like primary bathroom with soaking tub or enjoy the walk-in shower with steam, custom cabinets and marble countertops. Amenities abound, wet bar with ice maker, outdoor kitchen, 2 semi-private, very inviting outdoor patios, custom barrel ceiling in hallway, beautiful custom accent lighting, Nuvo/Luxul sound system that can be controlled from your phone, and more.

$800,000

224 Solano Drive NE Albuquerque, NM 87108

Beds:
4
Baths:
4.00
Sq.Ft.:
3,056
Status:
Active
MLS#:
1041557
Type:
Condo, Townhouse
Lot size:
0.16 Acres
Year built:
2014
A broker reciprocity listing Courtesy: Keller Williams Realty 5052718200
View additional info

Price Reduced! Great investment opportunity, live in one and rent the other one out! Nob Hill Living! Close to UNM, Restaurants, and Shopping. Two homes on one property, live in one and rent out the other.Rare find in Albuquerque! Unit A front home- One story, 2/3 Bedroom 1018 Sqft. TPO roof in 2014 New Stucco, 2014. Master Cool. Unit B 2038sqft, 2bdrm, 3 bath, Built in 2014, TPO roof, Contemporary design, top of the line Wolf and Subzero Appliances, Granite, Stained Concrete flooring on main level, white oak wood flooring, Anderson wood windows, custom carved wood interior doors throughout. 2 Ref air units, 2 car detached garage.

$799,000

326 Paintbrush Drive NE Albuquerque, NM 87122

Open House:

Sunday, 5/5 1:00-3:00PM

Beds:
3
Baths:
3.00
Sq.Ft.:
3,911
Status:
Active
MLS#:
1041554
Type:
Single Family
Lot size:
0.53 Acres
Year built:
1973
A broker reciprocity listing Courtesy: Criel and Associates, LLC (505) 615-3333
View additional info

Such a beautifully maintained home with incredible views! Brand NEW Modified Bitumen roof with transferable 20 year warranty for labor, materials, and craftsmanship! Freshly painted, and relatively new carpet. Two living spaces, a games room, 3 bedrooms, library, office, and bonus room (exercise, play room?)....just a lot of flexibility in specific room uses for your family. Soak in those night light sparkles in the evening, and relax around the waterfall pond in the private backyard during the day. Additional rear garage for easy yard access and maintenance. Custom Pella windows, custom maple cabinets, no-seam Corian countertops for easy clean, large butler pantry. Just a well-built home close to hiking trails and fabulous schools. Please give at least 3 hours notice for viewing

$800,000

224 Solano Drive NE Albuquerque, NM 87108

Beds:
2
Baths:
3.00
Sq.Ft.:
3,056
Status:
Active
MLS#:
1058446
Type:
Duplex, Multi-Family
Lot size:
0.16 Acres
Year built:
2014
A broker reciprocity listing Courtesy: Keller Williams Realty 5052718200
View additional info

Seller owns 220 (a,b,c,d)Solano directly south of property. It is a four-plex and could be sold with this duplex as a package deal. Great investment opportunity, live in one and rent all of the others out. Nob Hill Living! Close to UNM, Restaurants, and Shopping. Rare find in Albuquerque! Unit A front home- One story, 2/3 Bedroom 1018 Sqft. TPO roof in 2014 New Stucco, 2014. Master Cool. Unit B 2038sqft, 2bdrm, 3 bath, Built in 2014, TPO roof, Contemporary design, top of the line Wolf and Subzero Appliances, Granite, Stained Concrete flooring on main level, white oak wood flooring, Anderson wood windows, custom carved wood interior doors throughout. 2 Ref air units, 2 car detached garage.

$3,500,000

8601 Beverly Hills Avenue NE Albuquerque, NM 87122

Beds:
4
Baths:
5.00
Sq.Ft.:
5,770
Status:
Active
MLS#:
1058355
Type:
Single Family
Lot size:
0.89 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Keller Williams Realty 5052718200
View additional info

This exquisite custom home is perfectly placed on a beautiful lot in North Abq Acres. The 360 degree views are breathtaking! The estate boasts 5,770 sq ft of modern luxury living. This property offers a seamless blend of sophistication & comfort. Upon entering, the grand foyer with 16 ft ceilings, sliding glass doors, wood beams & other lovely architectural details set the tone. The chef's kitchen features top-of-the-line Wolf and Sub Zero appliances, service pantry, and an outdoor kitchen complements it for alfresco dining experience. The spacious living areas include a large game room for family time and gatherings. The gym/office provides a private space for fitness or work, while 2 mudrooms and 3 laundry areas, and 8 car garage enhance functionality. This home is a gem!!

$515,000

121 General Arnold Street NE Albuquerque, NM 87123

Beds:
2
Baths:
1.00
Sq.Ft.:
4,136
Status:
Active
MLS#:
1040970
Type:
Multi-Family
Subdivision:
Waggonman Denision Addition
Lot size:
0.17 Acres
Year built:
1980
A broker reciprocity listing Courtesy: NM Apartment Advisors, Inc. (505) 440-8633
View additional info

Back on the market and an amazingly rare find a valued add sixplex in Albuquerque's northeast heights.This property contains 4 x 2 bedroom, 1 bathroom units and 2 x studio units. The owner has done an amazing job in renovations and the property shows well (check out the virtual tour below).Priced below market comparables at $573,521 and at the start price of $515,000 with an average rent of $783, measures of investment performance include a GRM of 8.11, a before reserves cap rate of 8.15% and an after-tax Internal Rate of Return (IRR) of 21.10%. If rents are raised to the market average of $858, measure of investment performance improve to a cap rate of 9.10% and a cash on cash of 14.09%.

$125,000

1100 Alvarado Drive SE #104 Albuquerque, NM 87108

Beds:
2
Baths:
1.00
Sq.Ft.:
785
Status:
Active
MLS#:
1040926
Type:
Condo, Townhouse
Lot size:
0.15 Acres
Year built:
1965
A broker reciprocity listing Courtesy: Casa Amore Realty, LLC (505) 545-0846
View additional info

Welcome to 1100 Alvarado Dr. SE Apt 104 - your condo awaits! Nestled in the heart of Albuquerque this beautiful 2-bedroom, 1 bathroom corner condo offers comfort, style and location. Enjoy the convenience of city living close to a multitude of restaurants, shopping centers and more. Step inside to find a spacious open floor plan with Modern kitchen has been upgraded with stainless steel appliances, with this condo you will also enjoy of the benefits of a dedicated parking spot, in unit Ku laundry facilities Don't miss your chance to come and see it. It won't last long.

$361,644

9627 Sage Ranch Court Albuquerque, NM 87121

Beds:
4
Baths:
3.00
Sq.Ft.:
2,090
Status:
Active
MLS#:
1040735
Type:
Single Family
Subdivision:
Sage Ranch Subdivision
Lot size:
0.08 Acres
Year built:
2023
A broker reciprocity listing Courtesy: Westway Realty (505) 463-4305
View additional info

Westway Homes presents the Manhattan with the 4th bedroom option floor plan. This 2,090 square foot, 4 bedroom, 2.5 bath home offers the the best of modern, open living. In addition to the 4 bedrooms, there is also an office on the main level. This home feature stainless GE appliances, granite countertops and Luxury Vinyl tile flooring. This home is near completion and will be ready to close in October!

$309,000

2300 Rosendo Garcia Road SW Albuquerque, NM 87105

Beds:
4
Baths:
2.00
Sq.Ft.:
1,954
Status:
Active
MLS#:
1040703
Type:
Single Family
Lot size:
0.5 Acres
Year built:
1967
A broker reciprocity listing Courtesy: R1 Property Management, LLC (505) 883-9400
View additional info

This versatile 4-bedroom, 2-bathroom home is a hidden gem with endless possibilities. Featuring a spacious courtyard, a convenient 2-car garage, and storage rooms, it offers ample space for your needs. Plus, there's an inviting outside event center or man cave room with an outdoor bathroom for your entertainment needs. Located next to an elementary school, and walking distance to the High School, it's perfect for families. Don't miss out on this home's potential!

$664,000

1333 Wagon Train Drive SE Albuquerque, NM 87123

Beds:
4
Baths:
3.00
Sq.Ft.:
3,108
Status:
Active
MLS#:
1040679
Type:
Single Family
Lot size:
0.48 Acres
Year built:
1973
A broker reciprocity listing Courtesy: Realty One of New Mexico (505) 883-9400
View additional info

Palm Springs meets Albuquerque in the glamorous 4 Hills country club area. Enjoy the beauty, privacy and serenity of this single story home. The back yard has a Resort like feel with a beautiful and sparkling newly renovated gunite pool with new energy pump, filter and new gas heater, two covered patios, perfect for kicking back and relax. Back yard offers an RV pad. Inside enjoy the captivating relaxing atmosphere with an abundance of natural light pouring in from the new Anderson windows. Home to include new floors-manufacture wood, tile, and cork-, updated electrical, new light fixtures, new granite counters, new stove top, refinished kitchen cabinets, new cooling and heating 2 Carrier HVA, new TPO roof, Skylights, This home is renovated and ready for the new owners. IS A MUST SEE

$2,500,000

3926 Mourning Dove Place NW Albuquerque, NM 87120

Beds:
4
Baths:
5.00
Sq.Ft.:
7,151
Status:
Active
MLS#:
1040673
Type:
Single Family
Lot size:
0.5 Acres
Year built:
2005
A broker reciprocity listing Courtesy: Coldwell Banker Legacy (505) 292-8900
View additional info

Stunning Tuscan villa a stone's throw from the Rio Grande, fine dining & recreation. Over 7,000 square feet of luxury w/every amenity & convenience included. From the marble floors to the mosaic tiled & wood beam ceiling, this home is your retreat. The gourmet chef's kitchen boasts top-of-theline appliances, pot filler, custom tile, dual sinks, breakfast nook w/a breathtaking view, & enough space to entertain the whole neighborhood. Pool features stone waterfall, custom lighting for night swims & a wraparound balcony & terrace to enjoy every vista. Multiple covered lounge & dining spaces, hobbyist's dream garage, workout room, media & game room & spa bathrooms. Too many one-of-a-kind luxuries to list. If a private resort is what you're after, you can't miss this beautiful palazzo!

$363,109

351 San Clemente Avenue NW Albuquerque, NM 87107

Beds:
4
Baths:
2.00
Sq.Ft.:
1,549
Status:
Active
MLS#:
1040646
Type:
Single Family
Subdivision:
Estrella del Norte
Lot size:
0.05 Acres
Year built:
2024
A broker reciprocity listing Courtesy: The Maez Group 5057184980
View additional info

DOM reflects start of community. Twilight Homes will complete this new home in April 2024. If you've always wanted to be in the very desirable North Valley this is your chance. Affordably priced and conveniently located off 4th Street, this two-story, 4 bedroom features the master down and 3 bedrooms up. Open dining/living/kitchen with a covered patio and peninsula in the kitchen for additional informal dining. Granite countertops in the kitchen and both bathrooms. Gas range, microwave, and walk in closet in master. This new community has a limited number of home sites which will not last long. Many energy saving features including Low E dual pane windows, programmable thermostat and energy efficient gas furnace. Also comes with a 2-10 Home Warranty.

$353,109

343 San Clemente Avenue NW Albuquerque, NM 87107

Beds:
3
Baths:
2.00
Sq.Ft.:
1,545
Status:
Active
MLS#:
1040640
Type:
Single Family
Subdivision:
Estrella del Norte
Lot size:
0.05 Acres
Year built:
2024
A broker reciprocity listing Courtesy: The Maez Group 5057184980
View additional info

DOM reflects start of community. Twilight Homes has just completed this new home in March 2024 in this new community in the North Valley. We have the perfect home for you! And the Seller will contribute to closing costs!! Great floorplan on this 2-story home in the desirable North Valley convenient to shopping, services and downtown. Two bedrooms and living area up. One bedroom down. Lots of flexibility on this plan offered at a great price. Kitchen features peninsula for additional dining, range, microwave, disposal and walk in pantry. Lots of storage. Covered front porch and back patio. Granite countertops in kitchen and baths. Energy efficient features include Low E windows, programmable thermostat and full foam filtration package along with energy efficient gas furnace. P

$415,820

355 San Clemente Avenue NW Albuquerque, NM 87107

Beds:
4
Baths:
3.00
Sq.Ft.:
1,999
Status:
Active
MLS#:
1040635
Type:
Single Family
Subdivision:
Estrella del Norte
Lot size:
0.05 Acres
Year built:
2024
A broker reciprocity listing Courtesy: The Maez Group 5057184980
View additional info

Pics are of model. Colors and selections will vary. New community of zero lot line homes in desirable North Valley ready for move in late 2022. End unit so lots of windows and natural light. Master up and another master down for a great flexible floorplan suitable for roommate, multi-gen, and family living. Upstairs and downstairs living areas. Sliding doors to rear covered patio, landscaped front, kitchen w/peninsula seating plus dining/living area. Kitchen has granite counters, pantry, gas range, and more. Granite in bathrooms, walk in closets in masters. Prewired for garage door opener. Energy efficient. Many more features! New home builder warranty. Enclosed courtyard in rear and garage. Front landscaping and irrigation. Why rent when you can own for less?

$413,570

335 San Clemente Avenue NW Albuquerque, NM 87107

Beds:
4
Baths:
3.00
Sq.Ft.:
1,999
Status:
Active
MLS#:
1040631
Type:
Single Family
Subdivision:
Estrella del Norte
Lot size:
0.05 Acres
Year built:
2024
A broker reciprocity listing Courtesy: The Maez Group 5057184980
View additional info

DOM reflects start of community . Twilight Homes has just completed this new home in this new community in the desirable North Valley, Ready to move? We've got the perfect home for you - this new community of zero lot line homes in the desirable North Valley is perfect. Seller will contribute to closing costs. Owner suite up and 2nd owner suite down for a great flexible floorplan. Upstairs and downstairs living areas. Sliding doors to rear covered patio, landscaped front, kitchen w/peninsula seating plus dining/living area. Kitchen has granite counters, pantry, gas range, and more. Granite in bathrooms, walk in closets in masters. Prewired for garage door opener. Energy efficient. Many more features! New home builder warranty. Enclosed courtyard in rear and garage. Front landscaping and

$2,500,000

7622 Rio Grande Boulevard NW Albuquerque, NM 87107

Beds:
3
Baths:
2.00
Sq.Ft.:
2,748
Status:
Active
MLS#:
1040628
Type:
Single Family
Lot size:
4.24 Acres
Year built:
1938
A broker reciprocity listing Courtesy: Sotheby's International Realty (505) 982-6207
View additional info

The Legendary Liz Sanchez Training Stables offered with 4.24 acres of lush pastures and tall trees situated in Los Ranchos. In operation for over 55 years, this barn has produced many champion equestrians. State of the art 85' x 150' covered arena, 60' Round Pen, Hot Walker, and covered hay storage. Accommodations for 54 horses, main 20 stall show barn with heated washroom, 16 outdoor paddocks, 5 extra large pasture corrals. Ditch irrigated pasture, 3 wells, and access to miles of ditch trails.Separate living accommodations for farm hand or trainer. The charming Owners' home is located in front of the horse facilities with 2748sf, 3 bedrooms, 2 baths, large living area, and multiple patios. The home was built in 1938, hardwood and brick floors, ProPanel roof, and lots of privacy.

$538,624

4011 Thaxton Avenue SE Albuquerque, NM 87108

Beds:
2
Baths:
1.00
Sq.Ft.:
2,400
Status:
Active
MLS#:
1040626
Type:
Triplex, Multi-Family
Subdivision:
Lot 14, Block 25, Mesa Court Addition
Lot size:
0.17 Acres
Year built:
1951
A broker reciprocity listing Courtesy: NM Apartment Advisors, Inc. (505) 440-8633
View additional info

Three spacious & unique units - two 2 bed / 1 bath apartments and one 1 bed / 1 bath apartment. Residents enjoy distinct floor plans with rooms big enough for multi-purpose functionality. All three units are updated and properly restored with solid surface flooring - hardwood, tile, and luxury vinyl plank), classic built-ins, new fixtures, and newer appliances.Apartments also feature unique amenities: 4011 and 4011A have extra large yard spaces. 4009 and 4011 both have awesome covered porches. All units offer washer / dryers in the unit or washer /dryer hookups, multi-functional / spacious floor plans, and large kitchens. Each residence also comes with quality off street parking right next to front door entries. Exceptional south UNM / Ridgecrest area

$219,000

1531 Gonzales Road SW Albuquerque, NM 87105

Beds:
3
Baths:
2.00
Sq.Ft.:
1,440
Status:
Active
MLS#:
1040569
Type:
Single Family
Lot size:
0.13 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Aetos Real Estate Services 5053011292
View additional info

Welcome to this charming Albuquerque home with endless possibilities! This fully gated property offers both security and convenience, with backyard access. Alongside the main house, a versatile guest house awaits in the backyard. This additional space opens doors to endless possibilities - an art studio, home office, or a cozy retreat for guests. It offers privacy while remaining connected to the main property. Imagine the convenience and creativity this space can bring to your lifestyle. The main house features two spacious bedrooms and a cozy dining room, all kept comfortable year-round with refrigerated air. Situated near the scenic Rio Grande River! Don't just buy a home; invest in a world of opportunities with this unique house at your disposal.

$1,650,606

201 Manzano Street NE Albuquerque, NM 87108

Beds:
1
Baths:
1.00
Sq.Ft.:
9,150
Status:
Active
MLS#:
1040514
Type:
Multi-Family
Subdivision:
Heights Reservoir
Lot size:
0.17 Acres
Year built:
1971
A broker reciprocity listing Courtesy: NM Apartment Advisors, Inc. (505) 440-8633
View additional info

a core asset in a beloved Nob Hill neighborhood. Well-built and well maintained - each apartment at 201 Manzano and 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports/garages, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well. Quality bones, well-made vintage finishes, solid and modern mechanical systems - a buyer with vision can reap the benefits of easy cosmetic updating and modernization to push rents in alliance with the improving east Nob Hill submarket. These back to back communities, separated only by a public alley are within close proximity to mass transit and extra space would be ideal for any owner.

$5,807,969

419 Monroe Street NE Albuquerque, NM 87108

Beds:
1
Baths:
1.00
Sq.Ft.:
33,000
Status:
Active
MLS#:
1040505
Type:
Multi-Family
Subdivision:
Heights Reservoir addition
Lot size:
1.23 Acres
Year built:
1960
A broker reciprocity listing Courtesy: NM Apartment Advisors, Inc. (505) 440-8633
View additional info

Zia at Nob-Hill's current ownership is on a runway towards achieving a 8.15% cap rate with individual unit renovations and higher rents.The owner has done all of the non-sexy capital items including upgrading landscaping (2019), improved the parking lot (2020), installed new gas-lines (2019), a new roof (2019) and a security gate for parking. As units turn-over, the owner has developed a unit upgrade plan allowing them to capture higher rents. This combination makes the property a value add with the potential to renovate units and raise rents to a level closer to the neighboring property creating a potential cap rate of a 8.15%.Property amenities included high speed internet and laundry care facilities. This is a core asset with stabilized cash flows that could also be

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the Southwest Multiple Listing Service. 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.

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