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(505) 280-9256
Real Estate Company
1339 San Mateo Boulevard SE, Albuquerque, NM 87108
- $789,545
- 9
- BD
- 9
- BA
- List Price
- $789,545
- Status
- ACTIVE
- Days on Market
- 194
- MLS#
- 1101783
- Subtype
- Residential Income
- Year Built
- 1948
- Bedrooms
- 9
- Bathrooms
- 9
- Lot Size
- 6,055
- Acres
- 0.14
- MLS Area Major
- UNM South
Property Description
This asset has been meticulously maintained with substantial capital expenditures completed, resulting in a stabilized, turn-key investment with minimal deferred maintenance. The offering presents investors with the opportunity to acquire a low-risk, stabilized multifamily asset in one of Albuquerque's fastest-appreciating apartment submarkets. With long-term, problem-free tenants and strong in-place operations, the property delivers immediate cash flow while offering organic rent growth upside driven by market fundamentals. This asset is well-suited for investors seeking stable income, downside protection, and long-term appreciation in a proven Albuquerque multifamily location.
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Additional Information
- Interior Features
- Ceiling Fan(s)
- Exterior Features
- Landscaping
- Taxes
- $2,890
- Zoning
- MX-T*
- Flooring
- Carpet, Vinyl, Wood
- Appliances
- Free-Standing Electric Range, Free-Standing Gas Range, Refrigerator
- Heating
- Central
- Air Conditioning
- Evaporative Cooling, Ceiling Fan(s)
- Exterior Construction
- Stucco
- Stories
- 2
- Levels
- Two
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Listing courtesy of Trey W. Whaley from Trinity Apartment Company LLC
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.