Tour date 6/22 at noon, offer deadline 6/24.Located just south of Golden Pride, and 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.Whether you desire to renovate into a large house with a guest quarters, take on renting it as a residential dorm, scrape the site, or convert it to 24 high end units, the ask price of $648,000 or $42 per gross square foot is an amazing foundation for its rebirth. Could this be your Corazon You(NM), (the heart of you and UNM)?Based on 24 high end apartments, with an average rental price of $816, the potential renovated, leased up value is $2,297,758. The spread between that and the ask price leaves room or reno and profit.
Listing courtesy of NM Apartment Advisors, Inc..
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.