Active For Sale Multifamily

1315 Madeira Dr SE

1315 Madeira Dr SE, Albuquerque, NM, 87108

ID 49ad6214

Overview

NM Apartment Advisors and Deacon Property Services are excited to present a rare opportunity to own a 4-plex designed with care for owner occupancy. This quality built property lives more like patio homes than apartments - with secured courtyard entry, substantial private outdoor living spaces, and quality features throughout.These apartments were designed as part of a larger 16 unit development by the late great Dr. Carl Baum. Dr. Baum is most known for designing "The Trestle," the world's largest wooden structure and one of NM's historic treasures. Dr. Baum built the property and lived in one of the apartments from the time of its construction until his death in 2010. He had strong beliefs about the design of living spaces, and the open floor plans and efficient use of space in these buildings was far ahead of its time.Beyond its rich history, residents love the updated & properly loaded 2 bedroom 1 bath floor plans with quality updates, solid surface flooring throughout, updated fixtures, full size washer / dryers in a separate utility closets, and large & updated kitchens with all appliances -including dishwashers. They also love the convenient South Albuquerque location just 2 blocks to great shopping, restaurants, and Kirtland Air Force Base, with quick and easy access to the new Max Q Mixed Use Development, and the new Albuquerque Community Services Headquarters.

Additional Information

City
Albuquerque
State
NM
Zip Code
87108
Primary Uses
Multifamily
Zoning
MX-M
Zoning Description
Mixed Use Medium Intensity
Building Name
1315 Madeira SE
Floors
1
Year Built
1,979
Parking Ratio
1.5
Parking Spaces
6
Total Units
4
Laundry
In Each Unit
Average Occupancy Rate
75%