New Mexico Apartment Buildings for Sale

53 properties available.
7 photos
Ruidoso Downs, NM 88346


$195,9004,500 SF

VALUED AT $245,000.00 GREAT INVESTMENT INCOME PRODUCING PROPERTY! Multi-Family property,unusual to get so much. 1,2,3,bedroom 1 baths triplex, 3 bedroom/ 1/1/2 bath House, & 3 bdrm, 2bath mobile, stucco, metal roofs, alwas rented $2800 monthly. Owner has greatly reduced price. SUPER BUY Price $199,900.00 Reduced 7/7/15 To $195,900.00 metal roofs, alwas rented. $2800 monthly. Owner has greatly reduced price. Super Buy

5 photos
Albuquerque, NM 87110


$1,149,00023,610 SF

Motivated Seller, 48 years Continuous Ownership Value added Opportunity Good Condition

11 photos
Albuquerque, NM 87102


$1,300,0006,227 SF

Heart of Downtown Albuquerque. 5 newly completed condos with availability for 9 additional units.

8 photos
Albuquerque, NM 87108


$795,000Size Upon Req.

21 Units Four buildings Single story Pitched roofs Individual patios and storage Always full $315,000- recent renovation to one building

9 photos
Tucumcari, NM 88401


$9,9001,000 SF

This Multi Family Home is located at 509 South 4th Street Tucumcari NM 88401. Built in 1945. Lot size about 7,800 Sq Ft. Close to downtown tucumcari, NM. Fruit trees and bushes in back yard along with small storage shed. This property just came out of foreclosure and is offered by Global Premier Asset Serving. Offered at Only $12,900. Property Source has a 3rd party who offers a finance program to anyone. No Credit check No Income check with minimum 50% down at $14,900. Cash buyers receive discounted price of $12,900. Property is vacant and will need some type of repairs/updating. All wholesale assets are sold as is where is of course. This asset company has over 200 Nationwide Assets, about 100 being in the Detroit area. All offered well below wholesale average. Detroit list price from $2900 to $9,900. on average. If interested, please e-mail our office for a complete list and website.

5 photos
Las Cruces, NM 88005


$200,0003,124 SF

This Tri-Plex is an older property located on Second Street. It consists of three units that are approximately One-Thousand square feet each. The property sits on the corner and high visibility from the street. There is on-site parking as a well as street parking. The units have had long term tenants and are on month to month leases. The Tenant in unit A has been living there for eight years. The Tenant in unit B is one of the owners. The Tenant in unit C has been living there for seven years. Do not be fooled by the appearance the property has good rental income and long term tenants. The roof is a pitched shingle roof for easy maintenance. The property has all city utilities. Rents average $640 per month per unit. This is a perfect property for an investor looking for long term income.

17 photos
Deming, NM 88030


$995,00029,821 SF

35 rental units furnished, unfurnished, 19 one bedroom, 15 two bedroom and 1 three bedroom. 60 off street, uncovered parking spaces, brick construction, metal roof and well maintained by full time maintenance person.

6 photos
Alamogordo, NM 88310


$1,000,000Size Upon Req.

Three Flowers Mobile Home park is located in Alamogordo, NM. Alamogordo is home to Holloman Air Force Base and is 60 miles east of Las Cruces, NM and 90 miles north of El Paso, TX. The actual address is 1906 US Highway 54 South, Alamogordo, NM 88310. The park has 65 spaces for Mobile Homes. Out of the 66 sites, the park has some owned Mobile Homes. The property encompasses 7.7 acres. This is a Lender owned property. The Lender has been in control since October 2014 and since then has increased the occupancy and profitability. As of September 2015 the occupancy is 90%. The profitability of this property has increased and now is at in now an 8.4% CAP Rate. The resident mix is an all age community with which 77 % of the residents are retirees.

31 photos
Carlsbad, NM 88220


$685,0005,630 SF

Meticulously maintained twin units, facing a shared courtyard have many updates including but not limited to: new roofing, ceramic tile floors, new hot water heaters, updated appliances etc. In addition to the 8 unfurnished 620sf one bedroom units, there is also a fully furnished corporate studio that rents on a monthly basis as an extended stay for the high demand in this growing town. In addition there is a coin operated laundry area and storage units (up to 6) at the back that all bring in additional revenue. With many extras included in the sale, this is a must see for any investor!

8 photos
Clovis, NM 88101


$495,0007,557 SF

11 unit apartment building 7 one bedroom units and 4 two bedroom units - plus laundry room with 2 coin op washers and dryers - all units updated/Owner financing possible.

New Mexico Apartment Buildings for Sale

Search duplexes, garden-style and large, multi-family apartment buildings for sale on There are tens of thousands of apartment buildings for sale on Cityfeet, with apartment buildings being one of the most popular property types for Cityfeet investors. For more available apartment buildings visit

Select a State to Drill Down and Find Local Apartment Buildings for Sale Availabilities