$4,989,000

Multi Family In Albuquerque

  • 3 Beds
  • 3 Baths
  • 13,504 Sqft lot
  • Updated: September 6
  • Source:
    Southwest MLS (Greater Albuquerque Association of REALTORS)  MLS#1110504

About the Property

Exceptional opportunity to acquire a 57-unit apartment portfolio located in Albuquerque’s strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 9,41% cap rate, making it an attractive option f
Exceptional opportunity to acquire a 57-unit apartment portfolio located in Albuquerque’s strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 9,41% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today’s market. A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental in come and reducing collection risk. The property has been well maintained by hands-on local owner who has taken pride in managementand up keep, resulting in solid operations and tenant stability. Investment Highlights: 57 total units (1BR/1BA & 2BR/1BA mix) Strong cap rate with in-place income. Voucher-backed tenants providing consistent revenue. Well-maintained asset with pride of ownershipLocated in a high-demand workforce housing area. This is a rare opportunity to acquire a cash-flowing multifamily asset with scale, stability, and flexibility in Albuquerque.
  • Property type

    Other

  • Floors

    2

  • Year built

    1984

Features

  • Garden
  • Investment Property

Explore the Area

609-641 Mesilla Street SE, Albuquerque, New Mexico, United States View on Google Maps
Price per sqft
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Trinity Apartment Company LLC - Albuquerque

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Trinity Apartment Company LLC - Albuquerque
New Mexico, United States
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4
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2026
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Trinity Apartment Company LLC - Albuquerque
Albuquerque, New Mexico, United States
View agency profile
Last updated
September 6
First listed
Sep 6
Listing reference
1110504
Listing status
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