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!
Listing courtesy of NM Apartment Advisors, Inc..
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