202 Quincy Street Ne, Albuquerque, NM

$780,648

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1

Bed

1

Bath

3,950

Square feet

0.17

Acres

About 202 Quincy Street Ne

Well-built and well maintained - each apartment at 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well. The adjoining property at 201 Manzano NE is also for sale by the same owner. This is a rare opportunity to own a Bernie Madrid built apartment community. Mr. Madrid was a well-known apartment developer in the 1970s-1980s who has left his distinctive imprint in the style, design, logo and name of his communities - including this one known as The Madrid apartments.Measures of investment performance are GRM of 11.84, a 5.72% cap rate, $111,521 per unit, $197/

Features of 202 Quincy Street Ne

MLS® # 1024750
Price $780,648
Bedrooms 1
Bathrooms 1.00
Square Footage 3,950
Acres 0.17
Year Built 1977
Type Residential Income
Sub-Type Multi Family
Status Pending

Community Information

Address 202 Quincy Street Ne
Area 40 - UNM
Subdivision Heights Reservoir Tract 3
City Albuquerque
County Bernalillo
State NM
Zip Code 87108

Amenities

Utilities Electricity Connected, Water Connected, Natural Gas Connected, Sewer Connected
Features Laundry Facilities
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Vinyl
Appliances Refrigerator
Heating Central, Forced Air
Cooling Evaporative Cooling
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Features Landscaping
Construction Frame

Additional Information

Date Listed October 22nd, 2022
Days on Market 94
RE / Bank Owned No

Listing Details

OfficeNM Apartment Advisors, Inc.

Listing Map

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