Description
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.Quality bones, well-made vintage finishes, solid and modern mechanical systems - a buyer with vision can reap the benefits of easy cosmetic updating and modernization to push rents in alliance with the improving east Nob Hill submarket. These back to back communities, separated only by a public alley are within close proximity to mass transit and extra space would be ideal for any owner/user who needs to program residential space to fit their clientele.
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1BEDS
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0.17ACRES
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1BATHS
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01/2 BATHS
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9,150SQFT
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$171$/SQFT
School Ratings & Info
Description
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.Quality bones, well-made vintage finishes, solid and modern mechanical systems - a buyer with vision can reap the benefits of easy cosmetic updating and modernization to push rents in alliance with the improving east Nob Hill submarket. These back to back communities, separated only by a public alley are within close proximity to mass transit and extra space would be ideal for any owner/user who needs to program residential space to fit their clientele.
IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or NM Homies | Realty One of New Mexico. Data last updated: 2023-09-24T11:05:09.2.
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Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 2023 Southwest Multiple Listing Service, Inc.