1241 N Renaissance Blvd NE, Albuquerque, NM 87107

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Building Details:

*Rare opportunity to construct a well-located 300+ unit apartment project in an A location in Albuquerque's desirable Northeast. R-3 Zoning permits 30 DUs per acre.

*Land supply constraints result in only 3.93% of all East side market-rate units built from 2000 to today.

*The Albuquerque apartment market enjoys 95.25% occupancy and a 4.59% year-over-year effective rent increase (see attached Albuquerque apartment market survey).

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