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Street View
$550,000
8 Beds
- 4 Baths
3,400sqft
1237 Menaul Blvd Nw, Albuquerque, NM 87107
$550,000
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Quadruplex
Built in 1980
$-- HOA
5,227 sqft lot
$162/sq.ft
Description
*Now Selling Separate from 1225* 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.83% pro forma cap rate and 100% occupancy as of June 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquer...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1980
HOA Fees
-
Finished Area
3,400 sqft
Lot Size
5,227 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1103919
MLS Status
Active
Days on Market
77
Cumulative Days on Market
69
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