Investment Overview
Explore an exceptional investment opportunity at this 6,542 SF building on 313-315 Iron Ave. SW. With 9 units and 100% occupancy, this property offers a highly desirable multifamily investment in the vibrant Albuquerque market. The functional building layouts, along with the MX-L zoning, present a strong potential for a low-rise/garden-style property transformation. Situated in a good downtown location, this property is well-positioned to leverage the strong market for multifamily properties in the area. With the buildings in fair condition, investors have the opportunity to enhance and unlock the full potential of this prime real estate asset.
Investment Highlights
- Great downtown location
- Amazing patio/outdoor area
- Functional building layouts
- Buildings are in good condition
- Strong market for multifamily properties