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808 Ortiz Drive Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:CENTURY 21 Champions, Inc.
808 Ortiz Drive Se,Albuquerque, NM 87108
$1,424,506
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  • 5 Beds
  • 3 Baths
  • 9,650 sq. ft.
  • Multi-family
  • Active
Listed by: todd d clarke, kyle e deacon
Office: nm apartment advisors, inc.
MLS#:1108861
Source:NM_SWMLS

Price summary

  • Price:$1,424,506
  • Price per sq. ft.:$147.62

About this home

Metrics of investment performance at the ask price of $1,424,506 include a price per sf of $129, a price per unit of $118,709, and with current rents at $1,134 per month, it generates a GRM of 8.73, a cap rate after reserves of 6.86% and an after tax IRR of 15.10%.804 & 808 Ortiz SE both feature two-story town home style apartments, which are separately metered for gas and electric and come with bonus, updated detached storage closets. All apartments offer pragmatic floor plans that are significantly larger than other 2 bedrooms in the submarket. Downstairs, residents enjoy spacious, multi-functional living areas, galley kitchens with all appliances (including dishwashers), separate utility rooms with full size washer / dryers, and private backyards & patio spaces. Upstairs, residents enjoy two bright private bedrooms, a full bath, and additional quality storage and built-in storage options. Secured access courtyard provides lots of additional, secured landscaped outdoor space...

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Home facts

  • Year built:1972
  • Subdivision & Development:Lots 2, 3 & 4, Block 6, Esparanza Addition
  • Listing ID #:1108861
  • Added:51 day(s) ago
  • Updated:September 30, 2026 at 02:32 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Flooring:Vinyl
  • Kitchen Description:Refrigerator
  • Living area:9,650 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Forced Air

Structure and exterior

  • Year built:1972
  • Building area:9,650 sq. ft.
  • Lot area:0.46 Acres
  • Construction Materials:Block, Frame, Stucco
  • Exterior Features:Landscaping
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,424,506
  • Price per sq. ft.:$147.62
  • Tax amount:$10,569

Features and amenities

  • Appliances:Refrigerator

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