Description
Introducing Hermosa Commons at 200 Hermosa Dr. NE, Albuquerque, NM 87108 -- a prime turnkey investment in the heart of Nob Hill.This mixed-use property includes 22 units (20 studios, 2 one-bedrooms, and commercial spaces) across 11,369 sq. ft., just minutes from Nob Hill Business Center and the University of New Mexico (UNM). Studios at 330 sq. ft. are ideal, efficient spaces for renters.Since 2019, Hermosa Commons has undergone significant improvements, including fresh paint and flooring in 17 units and a new high-efficiency boiler installed in 2020. Attracting and retaining quality tenants. Three previously vacant units have also been renovated and leased.Located steps from the Albuquerque Rapid Transit (ART) station, the property provides unmatched citywide accessibility.