1801 Mesa Vista Ne Road, Albuquerque, NM 87106

$1,400,000
1
BA
15,139
SqFt
List Price
$1,400,000
Price Change
▲ $752,000 1632712630
MLS#
993736
Status
ACTIVE
Number of Units
32
County
Bernalillo
City
Albuquerque
Subdivision
Sigma Chi
Bathrooms
1
Living Area
15,139
Acres
0.44

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!

Additional Information

Days on Market
142
Year Built
1960
Stories
3
Cooling
None
Heating
None

Mortgage Calculator

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Calculator source: Real Geeks

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.