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8401 Spain Rd NE
Albuquerque, NM 87111
Acacia Gardens · Multifamily Property For Sale · 496 Units
PROPERTY FACTS
No. Units | 496 | Building Size | 381,016 SF |
Property Type | Multifamily | Average Occupancy | 95% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Garden | Year Built | 1979 |
Building Class | B | Parking Ratio | 2.69/1,000 SF |
Lot Size | 30.76 AC |
No. Units | 496 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Garden |
Building Class | B |
Lot Size | 30.76 AC |
Building Size | 381,016 SF |
Average Occupancy | 95% |
No. Stories | 2 |
Year Built | 1979 |
Parking Ratio | 2.69/1,000 SF |
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Dining Room
- Vinyl Flooring
- Window Coverings
Site Amenities
- Business Center
- Controlled Access
- Clubhouse
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Spa
- Tennis Court
- Doorman
- Grill
- Laundry Service
- Package Service
- Volleyball Court
- Storage Space
- Lounge
- Maintenance on site
About 8401 Spain Rd NE , Albuquerque, NM 87111
Spain Gardens is a 496-unit gated apartment community, built in 1978. There are 59, two-story, garden-style buildings, totaling approximately 388,976 rentable square feet on approximately 30.77 acres (16.12 units per acre). The property features studio, one-, and two-bedroom units in six individual floor plans averaging approximately 784 square feet. Each unit includes air conditioning, ceiling fans, a dishwasher, microwave, frost-free refrigerator, private balcony or patio, extra storage, and all units are cable ready. Select units have walk-in closets, a screen door, and a full-size or stackable washer and dryer. Community amenities include two clubhouses, a resident' s lounge, business center, Billiards, two swimming pools, an outdoor hot tub, two fitness centers, walking and jogging paths, a courtyard, playground, tennis court, basketball court, two laundry facilities, outside storage, and barbecue areas with grills. Spain Gardens is an apartment community strategically situated in the strongest submarket of Albuquerque, the Far Northeast Heights, near the foothills of the picturesque Sandia Mountains. The Far Northeast Heights market is substantially built-out, with no opportunities for new multifamily development nearby. This, combined with Albuquerque' s healthy demographic trends, will ensure continued strong demand for existing units in this prized submarket. Located in a predominantly residential neighborhood, the property affords residents with spectacular mountain views in a quiet setting.
Links
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $4,529,349 |
Land Assessment | $2,141,706 | Total Assessment | $6,671,055 |
PROPERTY TAXES
- 1-020-061-042362-2-01-05
- 1-020-061-150389-2-01-06
zoning
Zoning Code | R-ML |
R-ML |
Learn More About Investing in Apartment Buildings
Listing ID: 5841730
Date on Market: 2/13/2017
Last Updated:
Address: 8401 Spain Rd NE, Albuquerque, NM 87111
The Far Northeast Heights Multifamily Property at 8401 Spain Rd NE, Albuquerque, NM 87111 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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