Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
Listing photo for 2823 Richmond Drive Ne, Albuquerque, NM
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2823 Richmond Drive Ne,

Albuquerque, NM

$669,723

Built in 1987, demisable into two spaces (easily), but currently used as 21 office, three conference room, two kitchen large space with 32 onsite parking spaces, with potential for more off site and in adjoining properties.Its is located in an Opportunity Zone (for investors) and HUB zone (for users). If it would help your buyer, my seller is open to some short term seller financing for an immediate occupancy.I have analyzed the new opportunity zone legislation and it looks like it could improve the after tax IRR on this property by 0.5%.APOD shows 8.0% cap rate, 10% cash on case (page 3), floorplan is on page 12, virtual tour in document center.Offering price is $669,723 or $108/sf or lease at $15.20/sf FS.

Facts & Features
MLS® # 928375
Price $669,723
Acres 0.46
Type Commercial
Sub-Type Office Building(s)
Status Active
Community Information
Address 2823 Richmond Drive Ne
Area 41 - Uptown
City Albuquerque
County Bernalillo
State NM
Zip Code 87107
Amenities
Utilities All City
Parking Spaces 32
Interior
Heating 2+ Units
# of Stories 1
Exterior
Exterior Stucco
Construction Frame
Additional Information
Date Listed September 12th, 2018
Days on Market 197
Zoning C-3
Finance Considered Cash To Owner, Conventional
Listing Details
Office NM Apartment Advisors, Inc.

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Photo of Jonathan Tenorio

Jonathan Tenorio

Office: (505) 923-4691
Cell: (505) 410-8568

Greater Albuquerque Association of Realtors Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.

Listing information last updated on May 21st, 2019 at 9:28am MDT.