Building Details:
• Year Built: 1980
222 Rio Grande Blvd SW is located in Albuquerque, NM.
Tour - 9/4/2014 @ noon, Offer deadline 9/10/2014 @ 5pm. RSVP for tour and confidential documents at www.nmapartment.com/riograndelofts
Originally built by well known and admired custom home builder, HL Cleff, the property was destroyed by a fire in the mid 2000s. Purchased by local developer, John Mahoney who completed renovations in 2014, the
property shines with quality upgrades from edge to edge.
Currently in lease-up phase, the property is expected to offer a new investor full
occupancy by this fall with an average rent of $1.18/sf or $1,198 per month. The property’s new condition, sub metered utilities and great location should all lead to an easier than average property to maintain.
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