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$444,272
2 Beds
4 Baths
2,218sqft
616 & 618 Mesilla St Se, Albuquerque, NM 87108
$444,272
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Multi Family
Built in 1946
$-- HOA
13,504 sqft lot
$200/sq.ft
Description
Exceptional opportunity to acquire a 6-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of studios/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 8.74% caprate, 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 main...
Continue Reading- Houzeo last checked: 37 minutes ago
- Listing updated: August 4, 2026 at 5:48 am
- Listing Provided by: Trey W. Whaley (505) 269-1824 DRE #REC20250899, Karen Eugenia Amaro (505) 415-0941 DRE #54977 | Trinity Apartment Company LLC (505) 622-3240
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1108479
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1946
HOA Fees
-
Finished Area
2,218 sqft
Lot Size
13,504 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1108479
MLS Status
Active
Days on Market
1
Cumulative Days on Market
1
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New York State Fair Housing Notice.
