





Description
Well-built and well maintained - each apartment at 202 Quincy NE offers a unique floor plan with amazing vintage and classic touches. Units come with carports, refrigerated air and forced central heating, private off-street parking, bonus storage, on-site laundry, and lots of unique extras. Some units have private yards as well. The adjoining property at 201 Manzano NE is also for sale by the same owner. This is a rare opportunity to own a Bernie Madrid built apartment community. Mr. Madrid was a well-known apartment developer in the 1970s-1980s who has left his distinctive imprint in the style, design, logo and name of his communities - including this one known as The Madrid apartments.Measures of investment performance are GRM of 11.84, a 5.72% cap rate, $111,521 per unit, $197/
Courtesy of: NM Apartment Advisors, Inc. 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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Updated: 20th March, 2023 9:11 PM (UTC)