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22-Unit Apartment Building with Commercial Space
For Sale
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200 Hermosa Drive Northeast, Albuquerque, NM 87108

Studios and one-bedroom units are complemented by commercial suites and exterior patios.

Property Size11,369 SF
Days on Market141

Property Features for 200 Hermosa Drive Northeast

General Information

Standard status Active
Size 11,369 SF
Property subtype Multifamily

Units

Unit Mix 22 x Studio, 1 x 1 Bedroom, Commercial units
Multifamily Units 23
Listing Agency: Berkshire Hathaway New Mexico Commercial Division
Listed By: Jacob Lopez · License #REC-2024-0071
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:43PM

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 Berkshire Hathaway New Mexico Commercial Division

Investment Insights

Based on property information with market context.

This apartment property contains 22 units spanning studio and one-bedroom layouts, along with commercial units within the overall building. The property provides 11,369 square feet of gross building area, with most studio units measuring approximately 300 square feet.

Most residences are reached through interior common-area hallways, and exterior patios serve as an additional feature for the units that include them. The property is located at 200 Hermosa Drive Northeast in Albuquerque’s Nob Hill area, identified in the source information as a cultural hub.

Key Highlights

  • 22 units comprising studios, one‑bedroom layouts, and commercial units
  • 11,369 SF of total gross building area
  • Most studio units are 300 SF

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Storage Facility Building Supply Locksmith Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23
Residential units

Location Intelligence

Trade Area within ½ mile

1,419
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Studios and one-bedroom units are complemented by commercial suites and exterior patios.
Where is this apartment building located?
The property is located at 200 Hermosa Drive Northeast Albuquerque, NM.
What are key features of this property?
This property features: 22 units comprising studios, one‑bedroom layouts, and commercial units; 11,369 SF of total gross building area; Most studio units are 300 SF
(505) 720-7089 Call to check price and availability
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