
12404 Rosemont NE
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
And
Todd Clarke CCIM CIPs
CEO
NM Apartment Advisors Inc.
(505) 440-TODD
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