200 Rio Grande SW

Originally built by well known and admired
custom home builder, HL Cleff, the property
was destroyed by a fire in the mid 2000s.
Purchased by local developer, John Mahoney
who completed renovations in 2014, the
property shines with quality upgrades from
edge to edge.

Rio Grande Lofts
Albuquerque NM
The property is in the last stage of lease up
with two vacant units and offers an investor a
new property with low maintenance and
overhead obligations with an average rent of
$1.20/sf or $1,210 per month. The property’s
new condition, sub metered utilities and
great location should all lead to an easier
than average property to maintain.