Introducing Hermosa Commons, a stunning turnkey multi-family and commercial building investment portfolio located in the heart ofthe highly desirable Nob Hill neighborhood. As you may know, Albuquerque is in a housing crisis, and thanks to all the new job growth the demand forapartments has skyrocketed. Hermosa is a mixed-use property boasting a total of 22 units (20 studios, 2 - 1 bedrooms, and commercial units, with agross building area of 11,369 sq. ft. Most studio units are 330 sq. ft. with the same floor plans. The property is turn-key with a strong history ofoccupancy and is located in a high-demand rental market. Currently, owner-managed fully remotely with maintenance and video security system.
Property Details
Property Features
Property Information:
Year Built: 1977
Stories: 2
Living Area: 11,369 SqFt
Listing Office:
Office Name: USRealty.com, LLP
Office Phone: (866) 807-9087
Listing Agent: Loria A Hamilton-Field
Interior Features
Interior Information:
Appliances: Refrigerator
Basement: No
Flooring Type: Carpet, Laminate
Bedroom and Bathroom Information:
Total Bedroom Count: 22
Exterior Features
Exterior Information:
Exterior: Landscaping
Lot Features
Lot Information:
Lot Size: 0.23 Acres
Utilities
Utilities Information:
Heating: Baseboard, Electric, Hot Water
Cooling: Central Air
School Info
Assigned Schools Information:
Highland High School, Public District Grades 9-12
Nex Gen Academy, Public District Grades 9-12
Wilson Middle School, Public District Grades 6-8
Bandelier Elementary School, Public District Grades KG-5
Coronado Elementary School, Public District Grades KG-5
Other
Directions Information:
Directions: From I-40 and Carlisle, south on Carlisle, to Copper, east to property
Price Information
Listing Price Info
Price Summary:
List Price: $2,800,000
Price Per SqFt: $246/SqFt
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Housing Market Comparison
See how this home compares to others in Albuquerque, NM.
This property is $2.4M more than the Median Sold Price and $46/SqFt more than other homes in Albuquerque, NM.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWMLS
MLS Number: #1057503
Listing Office:
Office Name: USRealty.com, LLP
Office Phone: (866) 807-9087
Listing Agent: Loria A Hamilton-Field
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed.
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Bandelier Elementary School
3309 Pershing Ave SE
Distance between this listing and this school0.55 miles
Public District Grades KG-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school2.83 miles
Public District Grades KG-5
Middle School
3
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school1.78 miles
Public District Grades 6-8
High School
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school0.72 miles
Public District Grades 9-12
8
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school3.91 miles
Public District Grades 9-12
Assigned Schools
6
/10
Bandelier Elementary School
3309 Pershing Ave SE
Distance between this listing and this school0.55 miles
Public District Grades KG-5
6
/10
Coronado Elementary School
601 4th St SW
Distance between this listing and this school2.83 miles
Public District Grades KG-5
Nearby Schools
7
/10
Monte Vista Elementary School
3211 Monte Vista Blvd NE
Distance between this listing and this school0.55 miles
Public District Grades KG-5
Assigned Schools
3
/10
Wilson Middle School
1138 Cardenas Dr SE
Distance between this listing and this school1.78 miles
Public District Grades 6-8
Nearby Schools
4
/10
Jefferson Middle School
712 Girard Blvd NE
Distance between this listing and this school0.84 miles
Public District Grades 6-8
6
/10
Twenty-First Century
3100 Menaul Blvd NE
Distance between this listing and this school2.15 miles
Public Charter Grades 5-8
Assigned Schools
3
/10
Highland High School
4700 Coal Ave SE
Distance between this listing and this school0.72 miles
Public District Grades 9-12
8
/10
Nex Gen Academy
5323 Montgomery Blvd NE
Distance between this listing and this school3.91 miles
Public District Grades 9-12
Nearby Schools
6
/10
Media Arts Collaborative Charter
4401 Central Ave NE Bldg 2
Distance between this listing and this school0.49 miles
The neighbors living near this home have an average income of $38,179. Residents of Albuquerque, NM typically earn less than $35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 200 Hermosa Dr NE in Albuquerque, NM and zip code 87108 in the Southeast Heights neighborhood. This 11,369 square foot home, which was built in 1977, sits on a 0.23 acre lot. Features: 22 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $2,800,000.
In March 2024 more than 141 listings in Albuquerque, NM were sold above the asking price. During the same period more than 121 listings were sold at asking price, while more than 217 were sold below. The number of listings in Albuquerque, NM decreased by 8.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 27 days, the median list price was $335,689.
From Rocket Homes Real Estate and based on county public records data.