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$798,456
8 Beds
8 Baths
2,688sqft
635 Mesilla St Se, Albuquerque, NM 87108
$798,456
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Multi Family
Built in 1970
$-- HOA
6,752 sqft lot
$297/sq.ft
Description
Exceptional opportunity to acquire a 8-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 7.37% 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.
- Houzeo last checked: 54 Minutes ago
- Listing updated: June 2, 2026 at 9:35 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#: 1104663
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1970
HOA Fees
-
Finished Area
2,688 sqft
Lot Size
6,752 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1104663
MLS Status
Active
Days on Market
3
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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New York State Fair Housing Notice.
