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$1,190,000
14 Beds
14 Baths
6,408sqft
613 Mesilla St Se, Albuquerque, NM 87108
$1,190,000
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Multi Family
Built in 1974
$-- HOA
12,371 sqft lot
$186/sq.ft
Description
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 ma...
Continue Reading- Houzeo last checked: 4 minutes ago
- Listing updated: August 4, 2026 at 10:01 pm
- Listing Provided by: Trey W. Whaley (505) 269-1824 DRE #REC20250899 | Trinity Apartment Company LLC (505) 622-3240
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1105932
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1974
HOA Fees
-
Finished Area
6,408 sqft
Lot Size
12,371 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1105932
MLS Status
Active
Days on Market
67
Cumulative Days on Market
45
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