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The CNM Governing Board voted July 13th to purchase property from the University of New Mexico, along Buena Vista Avenue, on the southeast side of CNM’s Main Campus. The property has been used for student family housing for UNM students.
The vote at the Board’s regular meeting was unanimous to purchase the property for 1.5 million dollars, but the sale must still be approved by the UNM Board of Regents, CNM officials said.
The tenants have already vacated the units in anticipation of the sale, CNM officials said, and it is expected that the sale will go through without controversy.
CNM will tear down the housing units, but what exactly CNM will do with the property is yet to be determined, CNM officials said.