6720 Cochiti Road Se, Albuquerque, NM 87108
Local realty services provided by:CENTURY 21 Camco Realty
6720 Cochiti Road Se,Albuquerque, NM 87108
$740,831
- 3 Beds
- 3 Baths
- 4,300 sq. ft.
- Multi-family
- Active
Listed by: todd d clarke, kyle e deacon
Office: nm apartment advisors, inc.
MLS#:1106356
Source:NM_SWMLS
Price summary
- Price:$740,831
- Price per sq. ft.:$172.29
About this home
On behalf of the owners, NM Apartment Advisors and Deacon Property Services are excitedto bring to market such a high rate of return multi-family investment. Located at 6720 CochitiSE - just one block from historic Route 66 which contains the spine of Albuquerque's masstransit corridor. Although the area appears a bit rough now, the state has indicated they in-tend to redevelop the NM Fair grounds, located just north of this property with $200M of re-development that could include a stadium for NM United, as well housing retail and a com-plete mixed use community.6720 Cochiti SE offers a fantastic opportunity to capitalize on cross-community concentrationon improving the International District and the Fairgrounds neighborhoods. The compound of9 units has been totally updated and fortified by quality metal fencing and multiple secureddrive-thru & pedestrian gate entries. Inside the compound, residents enjoy meandering walk-ways to their unique casita-style 1 bedroom apartments, secured common patio space, acommon laundry room, and secured off-street parking. All apartments have been properlyupdated with quality, long-term finishes including thermal windows, luxury vinyl plank flooring,custom tile work, and contemporary fixtures.Beyond its proximity to Expo NM/State Fair grounds, Kirtland Air Force Base, Sandia NationalLaboratories, Ta-Lin International Marketplace and the 3 million square feet of retail in ABQ'sUptown Area, any savvy investor knows there are three magic numbers for Albuquerque:100, 320 and 24,343. Albuquerque has been home to the historic mother road, Route 66, for100 years of its 320-year history, and it's currently undergoing a housing shortage of 24,343units. Do not miss out! This marketplace has not offered a 8%+ cap rate multi-family investment opportunity in many decades - especially on a property that has already been so significantly updated....
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Home facts
- Year built:1950
- Subdivision & Development:Fairgrounds Addition
- Listing ID #:1106356
- Added:93 day(s) ago
- Updated:September 30, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Flooring:Tile
- Kitchen Description:Refrigerator
- Living area:4,300 sq. ft.
Heating and cooling
- Cooling:Evaporative Cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1950
- Building area:4,300 sq. ft.
- Lot area:0.31 Acres
- Construction Materials:Block, Frame, Stucco
- Levels:1 Story
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$740,831
- Price per sq. ft.:$172.29
- Tax amount:$6,952
Features and amenities
- Appliances:Refrigerator
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