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$4,250,000
7801 Louisiana Blvd NE, Albuquerque, NM 87109
0 Beds
0 Baths
40,036 sqft

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Multiple offers in hand, in best and final round that closes Wednesday 12pm283 minstorage units in North I25 submarket.Located just east of the North I-25 corridor and just south of the booming Paseo del Norte Retail corridor and surrounded by thousands of new apartment units, this facility is well positioned to expand its services to retailers, apartment renters or businesses.A core asset, with high occupancy, and a customer base that stayed with a recent rent increase, the rents in this community are below market and the ability to enhance income with revenue share models for insurance, and expansion of the selling more moving products makes this a value add asset as well. The facility has an onsite residence, office, is gated, with 50% of the units cooled by evaporative
  • Price:
  • $4,250,000
  • Square Footage:
  • 40,036
  • Acreage:
  • 1.62
  • Listing ID #:
  • 1001803
  • Street Address:
  • 7801 Louisiana Blvd NE
  • City:
  • Albuquerque
  • State:
  • New Mexico
  • Postal Code:
  • 87109
  • County:
  • Bernalillo
  • Community:
  • 32 - Academy West
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Construction Description:
  • Metal Siding
  • Total Building Square Footage:
  • 40036
  • Gross Income:
  • 349259
  • Operating Expense:
  • 120187
  • Approximate Lot Size Range Source:
  • Public Records
  • Lot Square Footage:
  • 70567
  • Zoning Description:
  • Mx-L*
  • Days On Market:
  • 64
  • Originating Mls:
  • Swmls
  • Terms:
  • Conventional
  • Property Taxes:
  • $17,050
  • Parking Spaces:
  • 3
  • Cooling System:
  • Evaporative Cooling
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Other, See Remarks
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided by Nm Apartment Advisors
  • ALBUQ