Multi-Family Space For Sale @ 1131 Dakota St Se

The Dakotas is an 8-unit mixed-use investment opportunity nestled in the Southeast Heights submarket in Albuquerque, New Mexico. There are six (6) well-appointed small apartment units and two (2) office/retail suites. It has quick access to Interstate 25 and 40. It’s well positioned within the city, with access to major employment centers, including Kirtland Air Force Base, the University of New Mexico, and Sandia National Laboratories, with a total
employee base of over 20,000 people.

The property was substantially remodeled in 2011. The renovations included a new flat TPO roof, multiple new tile floors, new water and sewer lines, and new stucco, paint, a repaved parking lot, and updated landscaping. It is a perfect live-work opportunity for a small investor, or offers the potential for an office location for a larger apartment owner in the city. The Dakotas offer a stabilized, long-term investment with strong rent growth opportunities.

The University | Southeast Heights submarkets, where The Dakotas is located, are hotspots for employment, giving tenants exceptional access to nearby jobs, and many of Albuquerque’s best amenities are just minutes away. The Veteran’s Hospital and Kirtland Air Force Base are within walking distance to the south. It is just 2 minutes from the Siesta Hills Shopping Center, restaurants, coffee shops, banks, and Wilson Park. The Albuquerque International Sunport and the University of New Mexico are just a short 10-minute drive away.