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31883972
31883973

12404 Rosemont Avenue Northeast, Albuquerque, NM 87112 For Sale

TC
NM 13711
N.M. Apartments, Inc.
Listed by N.M. Apartments, Inc.
Unpriced
83 days on market
Updated 1 day ago
Under Contract

12404 Rosemont NE

Details
APN 102205817817030917
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,495
Net Rentable (SqFt) 3,495
Units 4
Occupancy 100%
Year Built 1973
Buildings 1
Stories 2
Acreage 0.180
Zoning R-MH
Parking Spaces 6

About This Property for Sale

Marketing description

Why this asset deserves attention:

-Rare fourplex in a neighborhood setting

-Adjacent park enhances resident appeal

-Strong Northeast Heights rental demand

-Larger unit sizes than many competing rentals

-In-place income with growth potential

Investment highlights

Subject: Amazing owner occupant fourplex for Owner Occupant – FAR NE heights – BID process starts at $444,444 or 8.52% cap rate

Good morning!

New Mexico Apartment Advisors and Maestas Real Estate Services are pleased to bring to market 12404 Rosemont NE, Albuquerque, NM 87112 — a fourplex that is deeply embedded into a single family residential area and is a few hundred feet to beloved NE park.

What makes this property stand out is its location within an established Northeast Heights single-family neighborhood. Rather than being surrounded by large apartment complexes, the property is nestled among single family homes and positioned catty-corner from a beautiful neighborhood park. This creates a quieter, more residential atmosphere that can support stronger tenant retention and long-term demand.

Located in the desirable FAR NE Heights submarket, the property benefits from quick access to I-40, Uptown Albuquerque, Kirtland Air Force Base, Sandia National Labs, shopping, dining, and some of Albuquerque’s most popular outdoor recreation areas near the foothills.

With a start price of $444,444 and an average rent of $1,118 the metrics of investment performance are a GRM 8.29, 8.52% cap rate, IRR after tax 17.7%.

This is the type of property that feels more like housing than apartments — a feature many residents value.

21 page flyer on the property can be viewed at- http://www.nmapartment.com/apt/NMAA-Rosemont12404NE.pdf

Virtual tour - http://www.nmapartment.com/rosemont3d

The property is being marketed using the BID process, with a set date and time for property tours and a fixed offer deadline. In the event of multiple offers, the Seller will be inviting only the top 50% of buyers to a best and final round.

Qualified investor or owner/occupant’s can RSVP for the tour and access the confidential document center by completing the online confidentiality agreement at http://www.nmapartment.com/rose12404

Timelines:

-Register for the confidential documents and property tour at http://www.nmapartment.com/rose12404

-Attend the in-person property tour at noon on Wednesday, July 8th, 2026 (no other showing times are available, so please do not request one outside this time frame).

- Offer deadline at Noon on Thursday, July 9th, 2026.

Buyer’s can discover the Seller’s concession to Buyer, then can use to Buyer’s broker by emailing [email protected] with NMAA-2577313 in the subject line.

Anita Maestas

Maestas Real Estate Services

505-463-3565

[email protected]

And

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

Listing Contacts

TC
NM 13711
N.M. Apartments, Inc.
Listed by N.M. Apartments, Inc.

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$36,950.00
$3,079.17/mo

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Additional Information

Name
Todd Clarke
License
13711
Brokerage
NM Apartment Advisors Inc.
Title
QB
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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