- For Sale $2,275,000
- Property Type Multi-Family
- Property Size 11,040 SF
- Units 10
- Lot Size 0.21 Acre
- Cap Rate % 5.2
- Additional Rent Contact for pricing
- Year Built 2022
- Date Updated Oct 4, 2024
Construction completed in January 2024
Property is 100% leased
Units leased well below market rents
Current NOI - 118,858.20 - 5.2% CAP
GRM - 13.24% | $227,500/door
$206 PSF
10 Unit Lofts - 1,104 SF Units
2 Bed & 2.5 Bathroom
3-Stories
Exterior Patios & Private Yards
Developing Trade Area & Strong Rental Market
6.4% CAP Pro-Forma
10 Parking spaces
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Contacts
Location
Getting Around
-
Walk Score ®
42/100
Car-Dependent
-
Transit Score ®
33/100
Some Transit
-
Bike Score ®
58/100
Bikeable
- City Albuquerque, NM
- Neighborhood Manzano Manor
- Zip Code 87123
- Market Albuquerque
Points of Interest
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Montaño
8.23 miles
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Africa Train Station
8.78 miles
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Asia Train Station
9.03 miles
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Bernalillo County/International Sunport
9.23 miles
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Los Ranchos/Journal Center
9.23 miles
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Tingley Station
9.55 miles
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Aquarium/Garden Station
9.93 miles
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Alon
0.42 miles
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Maverik
0.51 miles
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Phillips 66
0.72 miles
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Chevron
0.76 miles
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Smith's
0.92 miles
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Circle K
1.14 miles
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Tesla Supercharger
6.40 miles
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ChargePoint
8.19 miles
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Copper Trailhead
1.18 miles
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Embudo Trailhead
2.01 miles
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Piedra Lisa Trailhead
2.51 miles
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RV Parking
3.41 miles
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Underground Parking Entry
3.91 miles
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Two Park Square Visitor Parking
3.96 miles
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Park Square Parking Garage
4.02 miles
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Patient Lot
4.62 miles
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Employee Lot J
4.84 miles
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ODR RV Storage
5.02 miles
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Super 8
0.43 miles
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WoodSpring Suites Albuquerque
0.59 miles
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Rodeway Inn
0.64 miles
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Econo Lodge East
0.75 miles
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Motel 6
0.76 miles
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Desert Sands Inn & Suites
0.81 miles
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Holiday Inn Express & Suites Albuquerque East
1.08 miles
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Freeway Inn
1.24 miles
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Quality Inn
1.44 miles
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Econo Lodge
1.48 miles
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Weck's
0.53 miles
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Twisters
0.55 miles
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Olive Garden
0.58 miles
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Red Rock Deli
0.58 miles
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Sushi Xuan Asian Grill
0.61 miles
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KFC
0.67 miles
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Village Inn
0.67 miles
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Blake's Lotaburger
0.68 miles
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Stripes & Burritos Co
0.72 miles
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Taco Bell
0.73 miles
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Apache Elementary School
0.16 miles
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Manzano High School
0.48 miles
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Albuquerque School of Excellence
0.66 miles
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Chelwood Elementary School
1.11 miles
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Tomasita Elementary School
1.11 miles
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Calvary Christian Academy
1.14 miles
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Kennedy Middle School
1.17 miles
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Gilbert L. Sena Charter High School
1.23 miles
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Acoma Elementary School
1.36 miles
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McCollum Elementary School
1.47 miles
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Singing Arrow
1.02 miles
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St. Luke Preschool
2.85 miles
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Gibson Child Development Center
3.19 miles
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All Seasons Child Care and Learning Center
3.26 miles
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DOE Child Care
3.64 miles
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Eastern Child Development Center
4.70 miles
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Discovery One Child Care
4.75 miles
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Our Place Learning Center
5.11 miles
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Maxwell Child Development Center (1914)
5.46 miles
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Wildflowers Day Nursery
5.70 miles
Frequently Asked Questions
How much does Residences at Copper Ave cost?
The space currently listed for sale at Residences at Copper Ave asks for $2,275,000.
What is the total square footage of Residences at Copper Ave?
Residences at Copper Ave totals 11,040 square feet.
When was this property built?
Residences at Copper Ave was built in 2022.
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