613 Mesilla Street Se, Albuquerque, NM 87108
Local realty services provided by:CENTURY 21 Champions, Inc.
613 Mesilla Street Se,Albuquerque, NM 87108
$1,190,000
- 14 Beds
- 14 Baths
- 6,408 sq. ft.
- Multi-family
- Active
Listed by: trey w. whaley
Office: trinity apartment company llc.
MLS#:1105932
Source:NM_SWMLS
Price summary
- Price:$1,190,000
- Price per sq. ft.:$185.71
About this home
Exceptional opportunity to acquire a 14-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 7.70% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market.A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep.
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Home facts
- Year built:1974
- Listing ID #:1105932
- Added:39 day(s) ago
- Updated:July 29, 2026 at 07:49 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:14
- Flooring:Carpet, Laminate, Tile, Vinyl
- Kitchen Description:Refrigerator
- Living area:6,408 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Forced Air
Structure and exterior
- Year built:1974
- Building area:6,408 sq. ft.
- Lot area:0.28 Acres
- Construction Materials:Adobe
- Exterior Features:Landscaping
- Levels:2 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,190,000
- Price per sq. ft.:$185.71
- Tax amount:$8,042
Features and amenities
- Appliances:Refrigerator
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