Listed by NAI Sun Vista
$3,400,000
43-Unit Multifamily Investment
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 14,450
Units 43
Cap Rate 5.89%
NOI $200,160
Occupancy 100%
Pro-Forma Cap Rate 6.42%
Pro-Forma NOI $218,311
Price per SqFt $235
Class C
Year Built 1972
Buildings 2
Stories 2
Acreage 0.870
Zoning R-MH
Multifamily | 43 Units | $79,070/unit
Investment highlights
- Value-add through strong rental upside
- Pro forma cap rate: 6.42%
- Pro forma GRM: 8.5
- 100% occupied as of March 2026
- In-place rents estimated 14% below market-rate
- Recent interior renovations completed on majority of units
- Located in established Southeast Albuquerque rental corridor
- Proximity to major employment centers, Kirtland AFB and I-25 access
- Seller financing option available
Listing Contacts
Listed by NAI Sun Vista
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$200,160.00
$16,680.00/mo
Valuation Metrics
0
DSCR
5.89%
Cap Rate
5.89%
ROI
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