Residences at Copper Ave

12710 San Jacinto Avenue Northeast, Albuquerque, NM 87123

Property Highlights & Information

  • Construction completed in January 2024
  • Property is 100% leased
  • Units leased well below market rents
  • Current NOI - 118,858.20 - 5.2% CAP
  • GRM - 13.24% | $227,500/door
  • $206 PSF
  • 10 Unit Lofts - 1,104 SF Units
  • 2 Bed & 2.5 Bathroom
  • 3-Stories
  • Exterior Patios & Private Yards
  • Developing Trade Area & Strong Rental Market
  • 6.4% CAP Pro-Forma
  • 10 Parking spaces
Space Available: 11,040 SF

Available Opportunities

For Sale 11,040 SF Investment Sale

Demographic Information

Population (3m)96,260
Average Household Income (3m)$93,334
Traffic CountCopper Ave NE: 4,625 VPD (Source: Sites USA 2023)
Chelwood Park Blvd NE: 4,354 VPD (Source: Sites USA 2023)

Location

Brokers

Daniel Kearney
Principal
Austin Tidwell, CCIM
Principal
Rob Powell, CCIM
Chief Executive Officer

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