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Image 1 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 2 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 3 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 4 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 5 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 6 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 7 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 8 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Image 9 - University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA - House for sale
Home For Sale In Albuquerque, New Mexico
University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA

Home For Sale In Albuquerque, New Mexico

house for sale
Listed: 03/07/24

University Lodge, 3711 Copper Avenue Northeast, Albuquerque, NM 87108, USA

1 Bed:
2 Bath:
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Price
$ 2,8M

About This House

Introducing Hermosa Commons, a stunning turnkey multi-family and commercial building investment portfolio located in the heart ofthe highly desirable Nob Hill neighborhood. As you may know, Albuquerque is in a housing crisis, and thanks to all the new job growth the demand forapartments has skyrocketed. Hermosa is a mixed-use property boasting a total of 22 units (20 studios, 2 - 1bedrooms, and commercial units, with agross building area of11, 369sq. ft. Most studio units are 330 sq. ft. with the same floor plans. The property is turn-key with a strong history ofoccupancy and is located in a high-demand rental market. Currently, owner-managed fully remotely with maintenance and video security system.

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Nob Hill Housing & Living

Household Income

Median household income: $51,099
Number of households: 228,491
The average household income in Albuquerque, NM grew from $50,456 to $51,099 in the past year. This data is an estimate based upon 228,491 households in Albuquerque, NM.
The chart below presents how household income is distributed in Albuquerque, NM in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $2k-$3k
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Albuquerque, NM compared to median property taxes around the country. The prevalent amount of property taxes in Albuquerque, NM equals $2k-$3k , which is less than the national average.