4611 Central Ave NE

Overview

NM Apartment Advisors and Maestas Real Estate Services are proud to offer 4611 Central NElocated in Albuquerque, NM. This property is 0.5481 acres and is zoned Mixed Use Medium.The current owner has prospective plans for 95 Multi-family units on the site, with surface parking.Your development could potentially have more units if you included structured parking or takeadvantage of the flexible zoning that includes a provision for UC-MS-PT, or Urban Centers, MainStreet areas, and Premium Transit areas that allows for an additional density, parking reductions,building concept plans.The property is conveniently located directly in the heart of Albuquerque’s most walkableneighborhood, full of restaurants, brew pubs, distilleries and boutique stores.The property is located 2 blocks of the Nob-Hill stop for the Albuquerque Rapid Transit, and has awalk score of 83, transit score of 45, and a “biker’s paradise” bike score of 92.The full flyer and info at http://www.nmapartment.com/apt/NMAA-Central4611NE.pdfSubject property might qualify for the first round of $30,000,000 of financing from the NMFAOpportunity Enterprise Housing Development Fund – more info athttps://www.nmfinance.com/opportunity-enterprise-housing-development-revolving-fund/Qualified developers can register for additional information from the confidential document centerby completing the online confidentially agreement at http://www.nmapartment.com/highlandflatsYou can help address the current housing shortage – and be a development hero in our market byhelping to alleviate the current shortage of over 23,000 new rental units.