1711 Park Avenue SW, Albuquerque, NM 87104

$1,450,000
10
BD
4
BA
4,499
SqFt

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List Price
$1,450,000
MLS#
1097514
Property Type
Multifamily
Bedrooms
10
Bathrooms
4
Sqft. of Residence
4,499
Lot Size
8,146
Region
Downtown Area
Status
ACTIVE

Property Description

RARE OWNER-OCCUPANT ASSISTED LIVING OPPORTUNITY IN ALBUQUERQUE'S COUNTRY CLUB AREA. Purpose-configured assisted living real estate offering an ideal opportunity for an experienced operator, expanding care provider, or entrepreneur who wants to operate the facility while owning the building.The main level features 9 resident bedrooms with 10 revenue-producing bed positions, along with private and shared room configurations, multiple common living areas, dining space, and a functional care-ready layout designed around residential assisted living operations.An additional 2-bedroom non-revenue apartment upstairs has historically served as resident manager sleeping quarters, staff office space, and operational support space. Residents do not access the upstairs area, allowing operators to maintain separation between resident care areas and staff/management functions.Extensive renovations completed in recent years create a warm residential environment with much of the physical infrastructure already in place for an assisted living, senior care, residential care, or similar facility-type operation.Located in Albuquerque's desirable Country Club area with convenient access to medical providers, hospitals, pharmacies, shopping, transportation, and other services important to senior-care operations.For an operator searching for an assisted living facility for sale in Albuquerque, a residential care property, or an opportunity to own the real estate instead of leasing their facility, this property offers a difficult-to-replicate combination of location, existing build-out, resident capacity, staff support space, and owner-occupant potential.REAL ESTATE ONLY - business, licenses, and operating entity are not included. Buyer to independently verify permitted use, licensing requirements, bed capacity, zoning, and suitability for buyer's intended operation.

Additional Information

County
Bernalillo
Subdivison
Castle Add
Acres
0.19
Interior Features
Ceiling Fan(s)
Exterior Features
Landscaping, Lighting
Appliances
Built-In Gas Range, Dryer, Dishwasher, Disposal, Refrigerator, Range Hood, Washer
Construction
Brick, Frame, Masonite
Cooling
Multi Units, Refrigerated, Ceiling Fan(s)
Flooring
Tile
Heating
Central, Forced Air, Zoned
Owner Pays
Common Area Maintenance, Electricity, Gas, Sewer, Trash Collection, Water
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Zoning
R-1D*

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Calculator source: Real Geeks

Listing courtesy of Realty One of New Mexico.

Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.