- For Sale $5,807,969
- Property Type Multi-Family
- Property Size 33,000 SF
- Units 50
- Lot Size 1.23 Acre
- Cap Rate % 5.92
- Additional Rent Contact for pricing
- Year Built 1960
- Date Updated Nov 26, 2024
Zia @ Nob-Hill’s current ownership is on a runway towards individual unit renovations and higher rents. The owner has done all of the non-sexy capital items including upgrading landscaping (2019), improved the parking lot (202o), installed new gas-lines (2019), a new roof (2019) and a security gate for parking. As units turn the owner has developed a unit upgrade plan allowing them to capture higher rents. This combination makes the property a value add with the potential to renovate units and raise rents to a level closer to the neighboring property creating a potential cap rate of a 8.15%
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
84/100
Very Walkable
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Transit Score ®
41/100
Some Transit
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Bike Score ®
84/100
Very Bikeable
- City Albuquerque, NM
- Neighborhood Highland Business
- Zip Code 87108
- Market Albuquerque
Points of Interest
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Africa Train Station
3.94 miles
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Asia Train Station
4.18 miles
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Montaño
4.31 miles
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Tingley Station
4.68 miles
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Aquarium/Garden Station
5.05 miles
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Bernalillo County/International Sunport
5.28 miles
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Los Ranchos/Journal Center
6.53 miles
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Sandia Pueblo
8.74 miles
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Alon
0.27 miles
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Y-Mart
0.67 miles
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Fill-Up
0.68 miles
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Valero
0.72 miles
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Smith's gas station
0.84 miles
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Murphy Express
0.88 miles
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Pump-N-Save
0.96 miles
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Circle K
0.98 miles
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Smith's
1.02 miles
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Tesla Supercharger
2.06 miles
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Lomas Parking Structure
1.43 miles
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Cornell Parking Garage
1.58 miles
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Park Square Parking Garage
1.65 miles
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Two Park Square Visitor Parking
1.66 miles
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Yale Parking Garage
1.69 miles
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New UNMH Parking Garage
1.69 miles
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Underground Parking Entry
1.86 miles
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Maxwell Museum Parking
1.92 miles
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Central Lot
1.96 miles
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North Lot
1.97 miles
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De Anza Motor Lodge
0.42 miles
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Lazy H Motel
0.64 miles
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Hotel Zazz
0.70 miles
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Hiway House
1.04 miles
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Barcelona Suites
1.35 miles
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Hilton Garden Inn Albuquerque Uptown
1.50 miles
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Motel 6 Albuquerque - I-40 - San Mateo
1.55 miles
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Marriott Albuquerque
1.59 miles
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American Inn & Suites
1.62 miles
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Hampton Inn Albuquerque - University/Midtown
1.62 miles
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Duke City Kitchen
0.22 miles
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Los Cuates Del Norte
0.24 miles
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Subway
0.33 miles
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Hurricane's Restaurant and Drive-In
0.33 miles
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Taco Bell
0.35 miles
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Taco Tote! Albuquerque
0.38 miles
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Dion's
0.38 miles
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Caesar's Mexican & Greek
0.38 miles
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Kasbah
0.39 miles
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Loyola's
0.44 miles
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Zia Elementary School
0.11 miles
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Media Arts Collaborative Charter School
0.36 miles
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Our Lady of Fatima Catholic School
0.45 miles
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National Dance Institute of New Mexico
0.47 miles
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Coral Community Charter School
0.51 miles
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Highland High School
0.69 miles
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Chinese Culture Center & Lin's Martial Arts Academy
0.79 miles
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Monte Vista Elementary School
1.08 miles
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Monte Vista Elementary
1.10 miles
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St. Mark's Montessori School
1.15 miles
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Wildflowers Day Nursery
0.82 miles
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Discovery One Child Care
0.88 miles
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Serendipity Day School
1.13 miles
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Our Place Learning Center
1.19 miles
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Steps Ahead Learning Center
1.42 miles
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Maxwell Child Development Center (1914)
1.74 miles
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Eastern Child Development Center
1.76 miles
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All Seasons Child Care and Learning Center
1.83 miles
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Little Big Foot Day School
1.95 miles
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Child Care Center
2.11 miles
Frequently Asked Questions
The space currently listed for sale at Zia @ Nob Hill Apartments asks for $5,807,969.
Zia @ Nob Hill Apartments totals 33,000 square feet.
Zia @ Nob Hill Apartments was built in 1960.
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