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    1801 Mesa Vista Road NE

    Albuquerque, NM 87106
    • $1,400,000
    • STATUS: Active
    • ON SITE: 129 Days
    • MLS #: 993736
    UPDATED: 39 min ago
    $1,400,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,139
      SQFT
    • $92
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring back to market this rare opportunity to redevelop this building in the heart of the UNM Campus. Located just south of Golden Pride, a long block from the UNM Presidential house/ duck pond, and along former Greek row, 1801 Mesa Vista NE was a former Greek house dorm with 32 rooms and large public common spaces.Based on the recent highest and best bidding war and a new appraisal, the ask price on this asset is $1,400,000. A contractor is available who can handle the renovation for $1,536,032 and the same appraisal indicated a renovated/leased up potential value of $3,900,000 leaving $963,967 of up side for you and your client!

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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 Berkshire Hathaway HomeServices. Data last updated: 2021-10-15T22:04:53.843.
    www.propertiesofsantafe.com/homes/117968660
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    1801 Mesa Vista Road NE Albuquerque, NM 87106

    • Price: $1,400,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 993736
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    15,139
    SQFT
    $92
    $/SQFT
    1960
    Built
    Neighborhood:
    Sigma Chi
    County:
    Bernalillo
    Area:
    40 - UNM
    Property Description
    On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excited to bring back to market this rare opportunity to redevelop this building in the heart of the UNM Campus. Located just south of Golden Pride, a long block from the UNM Presidential house/ duck pond, and along former Greek row, 1801 Mesa Vista NE was a former Greek house dorm with 32 rooms and large public common spaces.Based on the recent highest and best bidding war and a new appraisal, the ask price on this asset is $1,400,000. A contractor is available who can handle the renovation for $1,536,032 and the same appraisal indicated a renovated/leased up potential value of $3,900,000 leaving $963,967 of up side for you and your client!
    Exterior Features

    Construction Materials Frame Levels Three Or More Stories Total 3

    Interior Features

    Basement YN Yes Bathrooms Total Integer 1 Cooling None Cooling YN No Electric None Heating None Heating YN No

    Property Features

    Additional Parcels YN Yes Builder Name Unknown Building Area Total 15139 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 5854 Tenant Pays OtherSee Remarks Utilities None Zoning Description R-Mh*

    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 Berkshire Hathaway HomeServices. Data last updated: 2021-10-15T22:04:53.843.
     
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    433 Paseo De Peralta Suite 200
    Santa Fe NM, 87501