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$4,375,000

1920 Vassar Drive NE Albuquerque, NM 87106
25,370 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 837118
PROPERTY DESCRIPTION: 
Originally built by GJ Reeves in 1979, this 32 unit gated community has been completely renovated in 2014, with the millennial generation in mind offering hip, cool and colorful interiors, large balcony areas, a bike repair shack, community garden area, and so much more. The renovations are of a caliber to support a future condo-conversion. The community's location is in an irreplaceable NE heights neighborhood, just north of Netherwood Park, surrounded by $250,000-$350,000 residences, adjacent to the main bike path (along the AMFCA channel), and within biking distance of UNMs legal and medical campuses, Whole Foods, the Tennis Club of Albuquerque and the North Campus/Girard mixed use corridor.
FEATURES:
Age: 31-40 Years Old
Appliances: Dryer, Microwave, Oven - Gas, Refrigerator, Washer
Architecture Style: Other
Exterior Type: Stucco
Floor Covering: Concrete, Tile, Vinyl
Heating System: Forced Air
Lot Size: 1.04 Acres
Roof Type: Unknown

$3,622,925

13600 Covered Wagon Se Albuquerque, NM 87123
2,000 Sq. Ft
Courtesy Of New Mexico Properties/Allstar, REALTORS
MLS# 848734
PROPERTY DESCRIPTION: 
What a portfolio, 17 homes and one townhome. All currently rented . Beautiful homes in our upcoming four hills. walk to movies, and groceries. easy bus route to nob hill and university.
FEATURES:
Age: 6-10 Years Old
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Fireplace: Fireplace
Floor Covering: Carpet, Tile, Vinyl
Heating Fuel: Natural Gas
Heating System: Forced Air, Fireplace
Lot Size: 0.1 Acres
Parking Type: Garage
Roof Type: Composition Shingle

$3,500,000

1502 Bender Hobbs, NM 88240
54,900 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 847389
PROPERTY DESCRIPTION: 
NM Apartment Advisors and Holfeltz Realty LLC is proud to bring to market a rare opportunity to purchase a distressed value-add asset in a high employment market of NM's booming Energyplex.The Regal Manor apartments, a 60 unit apartment community is offered for sale by the US Bankruptcy Court, NM District, at an ask price of $3,500,000, $58,333 per unit, $63.75/sf, 11.23% before reserves CAP rate, 10.80% after reserves CAP rate, with a potential 26.09% cash on cash return.This property currently has 25% of its units vacant, and it's likely the bankruptcy trustee will narrow that vacancy down to 15% this month.Average rents for this community $1,155, but there is room for improvements as average rents in Hobbs are $1,328. Offer deadline 5pm, September 23rd, 2015.
FEATURES:
Appliances: Dishwasher, Microwave, Refrigerator
Architecture Style: Other
Cooling System: Ceiling Fan(s)
Exterior Type: Stucco
Floor Covering: Carpet, Tile, Vinyl
Heating System: Forced Air
Lot Size: 2.35 Acres
Parking Type: Parking Lot, Paved or Surfaced
Roof Type: Unknown

$3,110,000

419 Monroe Street NE Albuquerque, NM 87108
33,000 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 847327
PROPERTY DESCRIPTION: 
NM Apartment Advisors Inc. is proud to bring to market the Zia East apartments. Located just north and east of Albuquerque's retail, restaurant mecca, Nob Hill, the Zia East apartments are adjacent to Zia park and Zia Elementary school. Originally built in 1960, many of the one bedroom one bathroom units have the original 60's decor and offer an abundance of storage and natural lighting. Possible interior upgrades include adding dishwashers, garbage disposals and updating surfaces. Possible exterior upgrades include moving to refrigerated package hvac units, solar carports, community gardens, and bike facilities.Based on the ask price of $3,110,000 and an average rent of $605 ($0.93/sf), the property offers a 6.74% Cap rate, 17.9% before tax IRR, and a 14.1% after tax IRR on actual
FEATURES:
Age: Over 50 Years Old
Appliances: Refrigerator
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Floor Covering: Carpet, Tile, Vinyl
Heating System: Forced Air
Lot Size: 1.3 Acres
Roof Type: Unknown

$2,887,604

1410 Girard Boulevard NE Albuquerque, NM 87106
24,500 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 858349
PROPERTY DESCRIPTION: 
Rare opportunity to own perfect millennial housing in north campus location.Located within walking distance to the UNM Legal and Medical campus as well as a Whole Foods.48 fully furnished studio apartments + 2/1 unit were recently renovated and shows well.$2,887,604, $58,931 per unit, $155/sf, 7.5% CAP rate, 10.2% cash on cash. Before tax IRR of 22.6%, after tax of 17.3%.
FEATURES:
Age: 41-50 Years Old
Amenities: Barbecue Area, Basement
Appliances: Barbeque or Grill, Microwave, Refrigerator
Architecture Style: Other
Cooling System: Evaporative
Exterior Type: Stucco
Floor Covering: Carpet, Tile, Vinyl
Heating System: Wall Unit
Lot Size: 0.93 Acres
Parking Type: Guest, Parking Lot, Paved or Surfaced
Roof Type: Unknown
Rooms: Basement
MLS# 847422
PROPERTY DESCRIPTION: 
Located in Deming, NM these 40 units are neat, clean, and well-tended too and ooze with pride of ownership from the onsite owner/developer/management team.The community's location is in high demand part of Deming, NM. Known for its railroad, trucking and transportation connections, Deming is also home to two world class vineyards, and a 90 mile trade area around Deming includes a population of 752,132 people.The current owner purchased the property in 2000 with 8 apartments built in the 1980's. These apartments have been renovated from top to bottom and inside out with new roofs, plumbing, etc. In 2007, the owner developed a duplex of one bedroom/one bathroom units, followed by 30 more units in 2008. The new units are spacious, have washer/dryer connections, refrigerated air.
FEATURES:
Age: New Construction, 6-10 Years Old
Appliances: Refrigerator
Architecture Style: Other
Cooling System: Ceiling Fan(s), Evaporative
Exterior Type: Stucco
Floor Covering: Carpet, Tile, Vinyl
Heating Fuel: Natural Gas
Heating System: Forced Air
Lot Size: 3.6 Acres
Parking Type: Guest
Roof Type: Unknown

$1,650,000

Nm-38 Red River, NM 87558
24,652 Sq. Ft
Courtesy Of Coldwell Banker Headin' Home Realty
MLS# 97124
PROPERTY DESCRIPTION: 
2 side by side lodges fully furnished, ready for guests. 42 units, including motel style to 3 BR, 3 bath, some with fireplaces and fully equipped kitchens. 2 laundry areas with commercial W/D's. Three outdoor areas with fire pits, horseshoes, pergola w/tables & chairs, dry stack artisan fireplace, kids play area. Two indoor areas for groups from 25 to 100 persons, with cooking facilities and wood burning stove or fireplace. Located at the edge of town with mountain views and wildlife watching - deer, golden eagles, chipmunks, and the occasional bear or bobcat. Close enough to walk, or ride the Miner's Transit Trolley, to town for fine dining, shopping, entertainment, skiing, hiking, fishing, horse back riding, exploring and various other activities for the young and young at heart, that Red River and the Enchanted Circle scenic byway have to offer. Perfect get away for couples or family reunions or group gatherings or destination weddings. Great investment opportunity for a couple or family, who want to live and work in a lovely mountain resort town.
FEATURES:
Style: Multi-Family (5-20 Units)
MLS# 782202
PROPERTY DESCRIPTION: 
Call Tim Henderson at (575) 649-5771 for additional information on this 72 Pad Mobile Home & RV Park, with 46 Mobile Home Spaces & 26 RV Spaces. 95% Occupancy Rate, Laundry Mat & Showers - Outside Storage Bldg. CALL Today to learn about your Possible Annual Income Potential. 2230 RV Park Separately Deeded but Sold Together. This is located in a superb location. Very good investment opportunity.
FEATURES:
Architecture Style: Other
Lot Size: 5.8 Acres
Roof Type: Unknown

$1,485,000

18 Alamosa + 14 others Los Lunas, NM 87031
18,380 Sq. Ft
Courtesy Of NM Apartment Advisors Inc.
MLS# 835068
PROPERTY DESCRIPTION: 
15 single family rental homes for sale - all currently leased - management is in place - call LA for registration info.8.60% proforma CAP rateBuilt in the 1990s - each with three bedrooms, two bathrooms and a two car garage is available for sale as a portfolio of rental units with management team in place.Located in two subdivisions of Los Lunas, NM and contained with Valencia County, which is forecast to grow by 107% in next 20 years.In market property manager just negotiated a 20% reduction on property taxes - proforma CAP rate at 8.6%, cash on cash 15.7% at ask price is $1.485M. Current average rents $914, proforma rents at $1,016 or 11% increase over existing level. Lender quote for financing is available.
FEATURES:
Age: 11-20 Years Old
Appliances: Dryer, Washer
Architecture Style: Other
Exterior Type: Stucco
Floor Covering: Carpet
Heating System: Forced Air
Lot Size: 7.33 Acres
Roof Type: Unknown

$1,382,500

315,301,305 N Pinos Altos Silver City, NM 88061
13 Beds 9,492 Sq. Ft
Courtesy Of Out West Real Estate
MLS# 33170
PROPERTY DESCRIPTION: 
OWN A PART OF SILVER CITY HISTORY! This property located in the Historic District, includes the entire Fraser Addition, Block 95. The the 2-story plus basement Victorian home (315 N. Pinos Altos) was built in 1890. The attached 409 Market St, is remodeled from the former cracker factory built in 1910. Also, 301 (built 1910 and 305 Pinos Altos St. (built 1930) are brick homes built by the Elizabeth Warren family. On the other side of the block, is 314 N. Bayard St, built in 1930 with a artist studio built in 1995. For more details, ask your Realtor to download information from MLS in Associated Documents.
FEATURES:
Age: Over 50 Years Old
Appliances: Dryer, Oven, Refrigerator, Washer
Architecture Style: Other
Cooling System: Window Unit(s) A/C
Exterior Type: Brick
Heating Fuel: Natural Gas
Heating System: Forced Air
Parking Type: Covered, Garage - Attached
Roof Type: Unknown
Rooms: Bedroom
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New Mexico (State) Real Estate & Homes for Sale - 186 Listings Found

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