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1 Central Ave NW
Albuquerque, NM 87102

One Central · Multifamily Property For Sale · 78 Units

Investment Highlights

  • Abundant parking in adjacent 3 story garage (free on weekends) with direct retail access
  • Walkable to theatres, restaurants (several on site), galleries, and entertainment venues
  • Energy efficient building and design
  • Parking structure is operated, managed, staffed, and maintained by the City of Albuquerque. The city is solely responsible for the costs and expenses.
  • Several outdoor patios and common areas for customers
  • 78 Fully leased apartments

PROPERTY FACTS

No. Units 78
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 1.11 AC
Building Size 96,505 SF
Average Occupancy 90%
No. Stories 6
Year Built 2018
Parking Ratio 4.38/1,000 SF
Cross Streets 1st Street NW

Unit Amenities

  • Air Conditioning
  • Balcony
  • Washer/Dryer
  • Stainless Steel Appliances
  • Range
  • Patio

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Gameroom
  • Media Center/Movie Theatre
  • Bicycle Storage

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - 480 - 828
2+2 62 - 724 - 1,096

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-014-057-310440-1-19-22
  • 1-014-057-297429-1-19-23
Land Assessment
$237,310
Improvements Assessment
$4,527,547
Total Assessment
$4,764,857

zoning

Zoning Code MX-FB (Mixed-Use Form-Based Zone District)
MX-FB (Mixed-Use Form-Based Zone District)
  • Listing ID: 27714412

  • Date on Market: 2/9/2023

  • Last Updated:

  • Address: 1 Central Ave NW, Albuquerque, NM 87102

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