Multifamily
Comanche Wells
3400 Comanche Rd NE, Albuquerque, NM 87107
Listing Price: $16,900,000
Investment Overview
Occupying a central location within Albuquerque’s Northeast Quadrant, Comanche Wells, a 179-unit multifamily asset (the “Property”), benefits residents with proximity to both I-40 and I-25, providing convenient access to multiple employment generators, retail, dining, and entertainment destinations.
Built in 1985, Comanche Wells offers a mix of studio, one- and two-bedroom apartment homes featuring a selection of three distinct levels of interior finishes: Classic, Partial, and Premium.
Classic units (126) generally feature original brown cabinetry, laminate countertops, stainless steel plumbing fixtures, brass door hardware, and almond appliances. Flooring consists of a mix of vinyl and carpet.
Partial-level interiors (45 units) have been upgraded with wood-vinyl flooring, baseboards, white-painted walls, white outlets and switches, and enhanced window coverings. Kitchens feature resurfaced white and gray countertops, white appliance packages, and brushed nickel hardware, while the bathrooms include resurfaced tub surrounds.
Premium-level units (8) include features of the Partial-level interior finishes with the addition of resurfaced cabinetry, black appliance packages, black lighting and plumbing fixtures, and black door hardware to complete a modern enhancement.
Comanche Wells
Investment Highlights
- Built in 1985, Comanche Wells offers a mix of studio, one-, and two-bedroom units featuring three distinct levels of interior finishes: Classic, Partial, and Premium.
- Comanche Wells is well-positioned to benefit from access to over 428,000 jobs throughout the city, many recession-proof, due to proximity to I-40 and I-25.
- This opportunity also includes 1.1 acres of undeveloped land, situated in an opportunity zone.
Exclusively Listed By
Broker of Record
Listing Price: $16,900,000
Investment Highlights
- Built in 1985, Comanche Wells offers a mix of studio, one-, and two-bedroom units featuring three distinct levels of interior finishes: Classic, Partial, and Premium.
- Comanche Wells is well-positioned to benefit from access to over 428,000 jobs throughout the city, many recession-proof, due to proximity to I-40 and I-25.
- This opportunity also includes 1.1 acres of undeveloped land, situated in an opportunity zone.
Investment Overview
Occupying a central location within Albuquerque’s Northeast Quadrant, Comanche Wells, a 179-unit multifamily asset (the “Property”), benefits residents with proximity to both I-40 and I-25, providing convenient access to multiple employment generators, retail, dining, and entertainment destinations. Built in 1985, Comanche Wells offers a mix of studio, one- and two-bedroom apartment homes featuring a selection of three distinct levels of interior finishes: Classic, Partial, and Premium. Classic units (126) generally feature original brown cabinetry, laminate countertops, stainless steel plumbing fixtures, brass door hardware, and almond appliances. Flooring consists of a mix of vinyl and carpet. Partial-level interiors (45 units) have been upgraded with wood-vinyl flooring, baseboards, white-painted walls, white outlets and switches, and enhanced window coverings. Kitchens feature resurfaced white and gray countertops, white appliance packages, and brushed nickel hardware, while the bathrooms include resurfaced tub surrounds. Premium-level units (8) include features of the Partial-level interior finishes with the addition of resurfaced cabinetry, black appliance packages, black lighting and plumbing fixtures, and black door hardware to complete a modern enhancement.
Exclusively Listed By
Broker of Record
-
Ryan Sarbinoff
First Vice President/Regional Manager
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