Renovated Multifamily Apartment
For Sale
Contact for pricing
8201 Marquette Ave. NE, Albuquerque, NM 87108
Renovated apartment building with $796K in recent interior and exterior capital improvements and new agency financing available.
Property SizeContact for details
Days on Market120
Property Features for 8201 Marquette Ave. NE
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Marcus & Millichap - Dallas
Listed By:
Nick Fluellen, CCIM · License #TX 0521943
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 2:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
This apartment building is offered for sale and described as having an upgrade program aimed at completing additional unit renovations. The property has undergone extensive interior and exterior renovations, with $796,000 in recent capital improvements. The listing also references efforts to improve community amenities to better compete with nearby properties, along with the potential to combine operations to achieve economies of scale.
The property is located at 8201 Marquette Ave. NE in Albuquerque, New Mexico (87108). According to the offering, the asset is free and clear of existing debt, and new agency financing is available. The property may be purchased individually or as part of a portfolio with Playa del Sol.
For the complete deal story, contact Ben Kalter at (972) 755-5259.
The property is located at 8201 Marquette Ave. NE in Albuquerque, New Mexico (87108). According to the offering, the asset is free and clear of existing debt, and new agency financing is available. The property may be purchased individually or as part of a portfolio with Playa del Sol.
For the complete deal story, contact Ben Kalter at (972) 755-5259.
Key Highlights
- Renovated apartment building with $796K in recent interior and exterior capital improvements
- New agency financing available
- Property is free and clear of existing debt
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
Explore this area
Business Placement
Demographics for 87108, NM
36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Renovated apartment building with $796K in recent interior and exterior capital improvements and new agency financing available.
Where is this apartment building located?
The property is located at 8201 Marquette Ave. NE Albuquerque, NM.
What are key features of this property?
This property features: Renovated apartment building with $796K in recent interior and exterior capital improvements; New agency financing available; Property is free and clear of existing debt
