Acoma & Alvarado Road SE, Albuquerque, NM 87108 (MLS# 1056531)

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Acoma & Alvarado Road SE, Albuquerque, NM 87108

$495,000
Property Type: Land Lot Size (sq. ft.): 20,909 Status: Pending
Current Price: $495,000 List Date: 2/03/2024 Last Modified: 5/06/2024

Description

A 0.4779 acre site for 36 multifamily units. Located just east of Nob Hill at the intersection of Alvarado & Acoma, or Nob-Hill Crossings, this location is one block from the Albuquerque rapid Transit (ART) corridor. This offering is available at $495,000, $16,331 per unit or $28.24/sf. You can help address the current housing shortage - our market needs over 19,000 new rental units and until we build them, we will continue to be the #1 market in the country for rent growth.

More Information MLS# 1056531

Status Change Info

Pending Date: 2024-05-06

Contract Information

Listing Price: 495000 Current Price: $495,000 List Price/Acre: 1031250 List Price/Lot SqFt: 23.67 Status: Pending Bank Owned: No

Location

Street Name: Acoma & Alvarado St Suffix: Road Post Direction: SE County: Bernalillo City/Town Code: Albuquerque State/Province: NM Zip Code: 87108 Geo Lat: 35.075296 Geo Lon: -106.581984 Area: 71 - Southeast Heights Zone Atlas: K18

General Property Description

# of Lots: 1 Acres: 0.48 Lot SqFt: 20908.8 Lot Size Source: On-Line Apx Lot Dim Front: 150 Apx Lot Dim Side: 95 Flood Zone: X Elementary School: Whittier Middle School: Wilson High School: Highland Package Deal: No

Tax & Legal Info

UPC Code: 101805712509131537 PID: No SAD: No Current Taxes: 1630 GRT Code: 02-100 Tax Exemption: No

Legal Description Details

Short Legal Desc: Lot A2, Division of Lands of Redeemer Lutheran Church Tract: N/A Unit: N/A Block: N/A Lot: N/A Subdivision: Lands of Redeemer Lutheran Church Section: N/A Township: N/A Range: N/A

Remarks & Misc

Directions: From Central and San Mateo east to Alvarado, south to Acoma

Utility Impact Fee

Utility Impact Fee: Unknown

Sales Info

Seller Assist Ofrd: No Trade/Xch Considered: No

Association Details

Association: No

Property Features

Distance to Water: In Street Dist to Electrical: In Street Distance to Sewer: In Street Distance to Phone: In Street Distance to Gas: In Street Distance to Cable: In Street Possession: Day of Funding Type: Other - See Remarks Topography: Mostly Level Property Access: E Property Line; S Property Line Features: Curb And Gutter; No Trees; Paving; Sidewalk Utilities: Electricity Available; Natural Gas Not Available; Sewer Not Available; Water Available Restrictive Covenant: Same As Zoning Docs/Data Available: Other - See Remarks Wastewater: Public Sewer Water Source: City Water Finance Considered: Cash Zoning: R-MH*

Documents

Listing Office: NM Apartment Advisors, Inc.
Last Updated: May - 06 - 2024

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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