uptown-gardens

78 Units | Built in 1967-1972

Uptown Gardens

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Investment Highlights

Opportunity

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THE OFFERING

Uptown Gardens presents a compelling investment opportunity with 78 thoughtfully designed apartment units across three well-maintained properties: Pennsylvania (29 units), Dallas (27 units), and Marble (22 units). Each property offers convenient street and gated parking, beautifully landscaped courtyards, and on-site coin-operated laundry facilities. Residents of all three properties enjoy access to the refreshing swimming pool located at the Pennsylvania complex, providing a particularly appealing amenity for potential renters. Ideally situated in Albuquerque, New Mexico, the portfolio is just minutes from the dynamic Uptown business and retail district, home to three premier regional malls: ABQ Uptown Lifestyle Center, Coronado Center, and the Winrock Town Center, which is currently undergoing a major redevelopment with a planned water themed park. It now features a 72,000-square-foot, 16-screen Regal Movie Theatre with an IMAX screen, along with wildly popular establishments like BJ’s Restaurant and Brew House, Trader Joe’s, Dave & Buster’s, and a semi-urban Super Target. The properties are also conveniently located near top educational institutions, including Albuquerque Academy (15 minutes away), ranked the fifth-best private school in the U.S. in 2016, offering grades 6-12 and drawing students from the entire state, as well as the University of New Mexico, National American University, and CNM Joseph M. Montoya Community College. Additionally, the portfolio offers easy access to major employment hubs, including the Uptown District, Sandia National Laboratories, Kirtland Air Force Base, the University of New Mexico, downtown Albuquerque, and the I-25 Corridor all within 15 minutes. This outstanding location, with its proximity to shopping, dining, education, and employment centers, ensures strong tenant demand and positions Uptown Gardens as a highly attractive investment

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All utilities included In home Wifi available USB outlets* Community laundry on-site Furnished Available*In select apartment homes

CAPITOL HILL

Controlled Building Access Private Resident Parking Updated Clubhouse 24 Hour Fitness Facility Computer Lab On-Site Management Study Lounge Storage On-site Private Shuttle Tanning Bed

COMMUNITY AMENITIES

All utilities included In-home Wi-Fi available USB outlets Furnished available Washer and dryer in home Patios in select units

CAPITOL ROWS

THE PROPERTY

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Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada. © 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.

INVESTMENT SALES

Bill Fox

Senior Director 505.855.7606 Bill.fox@berkadia.com

ALBUQUERQUE OFFICE

100 Sun Avenue NE Suite 650Albuquerque, NM 87109

Michael Slovitt

Managing Director 312.636.5322 Michael.slovitt@berkadia.com

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PROXIMITY TO SHOPPING – Located in the dynamic Uptown business and retail district in the heart of the Northeast Heights, which includes three of Albuquerque’s premiere regional malls featuring prominent national retailers: ABQ Uptown Lifestyle Center, Coronado Center; and The Winrock Town Center, which is currently undergoing a major re-development with a planned water themed park. It now includes a 72,000 square foot, 16 screen Regal Movie Theatre with an IMAX Screen, along with several restaurants and national retailers. Additions to the 83-acre site are BJ’s Restaurant and Brew House, a semi-urban Super Target, Dave & Busters, and Trader Joe’s. EDUCATION – Albuquerque Academy (15 minutes): Ranked the fifth best private school in the country in 2016 with grades 6-12, drawing students from the entire state. The University of New Mexico, National American University (NAU), and CNM Joseph M. Montoya Community College are also located in the vicinity of the property. EMPLOYMENT CENTERS – The properties are ideally located for convenient travel to all major employment centers; Uptown District (2 minutes), Sandia National Laboratories (10 minutes), Kirtland Air Force Base (11 minutes), University of New Mexico (10 minutes), downtown Albuquerque (13 minutes), and The I-25 Corridor (14 minutes). STRONG RENT GROWTH – The Uptown Submarket has seen rent growth of 8.1% year over year and 43.5% over the past 4 years (Yardi). COST OF HOMEOWNERSHIP OVER RENTING – The median monthly cost of renting in Uptown Albuquerque, NM is $1,182 versus $1,851/month for owning (Homes.com).

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