This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.
This Multifamily Property is no longer advertised on LoopNet.ca.

300 San Mateo Blvd NE
Albuquerque, NM 87108

Multi-Family Redevelopment Site ± 115 Units · Multifamily Property For Sale · 115 Units

Investment Highlights

  • Two Park Central Tower is available for redevelopment for up to 115 units, atop 3.37 acres of land with a parking lot on site.
  • 300 San Mateo Blvd NE offers the rare and profitable redevelopment option for savvy investment, with a major income generating prospective.
  • Current five-mile population surrounding the property is 268,768 with a correlating average household income of roughly $61,000.
  • Located six miles east of Albuquerque’s downtown core, the property is surrounded by a variety of mixed uses and new redevelopments.
  • Originally built in 1960 and renovated in the mid 90’s, the property currently offers 186 parking spaces and maintains a very walkable scoring.
  • Major establishments nearby include The University of New Mexico, Albuquerque International Sunport, downtown Albuquerque, CNM, and more.

PROPERTY FACTS

Sale Conditions Auction Sale
No. Units 115
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 2.25 AC
Building Size 101,000 SF
No. Stories 10
Year Built 2000

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 1-018-057-009251-3-22-37
  • 1-018-057-049262-3-22-30
  • 1-018-057-009255-3-22-36
  • 1-018-057-023260-3-22-34
  • 1-018-057-038262-3-22-35
  • 1-018-057-012263-3-22-33
Land Assessment
$271,615
Improvements Assessment
$1,881,911
Total Assessment
$2,153,525

zoning

Zoning Code C-1
C-1
  • Listing ID: 28212135

  • Date on Market: 2023-04-12

  • Last Updated:

  • Address: 300 San Mateo Blvd NE, Albuquerque, NM 87108

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}