640 Broadmoor Blvd NE, Rio Rancho, NM 87124

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Building Details:

• Year Built: 2016

640 Broadmoor Blvd NE is amulti-family property located in Rio Rancho, NM. The property currently has 1 multi-family space for lease and is marketed by NM Apartment Advisors, Inc..

New construction starts Summer 2016 on this high end fourplex located between Rio Ranchos elementary, middle and high schools. This fourplex includes an owners unit (1,374 sf) with attached garage, studio (480sf), one bedroom one bath (709 sf), and two bedroom two bath (878 sf).

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The City of Rio Rancho has a multifamily housing shortage as it is in need of an additional 5,742 apartment units. Couple that with forecasted population growth of 141.8% between now and 2035 and the need for additional housing units is even more severe.
Investors in the Broadmoor luxury apartments will be able to capitalize on this growth.
* 2020 population is forecast to be 93,318 which equates to an additional 579 units of demand.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Multi-Family Space	For sale: Contact for Pricing	3,441 sqft
View Details Listing company: NM Apartment Advisors, Inc. Pricing: Contact for Pricing Availability: Now Listing ID: 1056369 Save to list