This multifamily site is located within The Trails subdivision in northwest Albuquerque, NM. It is fully entitled and approved for development of an apartment complex to support the rapidly growing westside population. With a low 4.9% multifamily vacancy rate, the market is prime for new development. The property is surrounded by new retail amenities, highly-rated schools and public open space featuring hiking trails, nature preserve and desert vista views. PROPERTY FEATURES: › ±13.72 Acres › $9.95/SF or $5,946,550 › Located in Qualified Opportunity Zone (allows for tax benefits) › Zoned R-ML › Rapidly growing northwest Albuquerque submarket › Surrounded by retail amenities, highly-rated schools and public open space › Low multifamily vacancy rate - 4.9% December 2023