517 1st Street

Albuquerque, NM 87102

  • 0 Sqft
$1,750,000

Description

The current owner has plans for 100 multi-family units on the site, with first floor parking, including a roof top deck amenity. the property is conveniently located directly west of the planned $70m rail trail, south of the alvarado transportation hub, just southwest of the abq innovation district, and north west of the under development nm media academy, and on the east side of the central business district.the asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. using price pre unit and recent comparable sales supports a value closer to $2,150,983.subject property might qualify for the first round of $30,000,000 of financing from the nmfa opportunity enterprise housing development fund - applications are open from 9/4 to 10/16

  • Property Type

    Land
  • Subdivision

    Diamondhead
  • County

    Bernalillo
  • Style

    Land
  • AD ID

    47266045

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BuyOwner last updated this listing 10/17/2024 @ 17:54

  • MLS: 1072123
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: SouthwestMLS

is a Land, with bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.