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Presidio at Northeast Heights

Albuquerque, NM

Presidio at Northeast Heights

Overview

Location

Albuquerque, NM

Acquired

2018

Units

200

Acquisition Price

$28,800,000

Capital

$10,400,000

Status

Holding

Presidio at Northeast Heights, a 200 unit community located in Albuquerque, NM, was constructed in 1992 by Trammel Crow.  Presidio presents an opportunity to renovate 26 year-old interiors, modernize common areas and update amenities on a well-built property located in Albuquerque's most highly-sought, residential location. The property's outstanding floor plans, large amenity package, modern architecture and superior, high visibility location -- combined with TMR's full scale signature renovation and repositioning -- will recapture this asset's former prestige.

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