New Mexico Apartment Buildings for Sale

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1200 Louisiana Boulevard Ne

Albuquerque, NM 87110


$1,295,00027,890 SF

48 units, good condition, 2& 3 Story Well Maintained Long Term current ownership

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108 Spring Drive 101 Wright Street

Ruidoso Downs, NM 88346


$199,9004,500 SF

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 $2750 monthly. Owner has greatly reduced price. SUPER BUY metal roofs, alwas rented. $2750 monthly. Owener has greatly reduced price. Super Buy

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3226 Rufina Street

Santa Fe, NM 87507


$1,150,0006,120 SF

This 23 unit apartment complex consists of 8 two bed one bath units, 11 one bedroom one bath units, and 4 one bedroom studios. The 2/1's rent for 650 a month, the 1/1 rent for 600 a month, and the studios rent for 400 a month. This is a turn key income of around $13,000.00 a month. The property also has a onsite laundry which produces extra cash flow.

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801 & 815 Florida

Deming, NM 88030


$1,300,00029,821 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.

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14870 Perrin Road Nw

Deming, NM 88030


$265,000Size Upon Req.

A perfect setting up at the Black Range and Cooks Peak between Deming and Silver City, NM. Operating as RV Park w/28 spaces for 50 and 30 amps, club house w/laundry, kitchen and bath facilities. Old Adobe in need of renovation,set on 14 acres near City of Rocks and Faywood Hot Springs. A 1 acre piece at entrance off Hwy 180. Has 2 bed/2bth MH w/eat in kitchen, open living area,covered deck, sheds/gardens. Lots of trees and views and not too far off Interstate 10 between LasCruces, NM and Tucson, AZ.

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6116 Central Avenue Sw

Albuquerque, NM 87105


$299,0004,165 SF

Well located 11 unit apartments on C-2 parcel on West Route 66 (Central Avanue) just east of Coors Blvd and on the Rapid Ride, Route 66 (and soon to be Albuquerque Rapid Transit or ART) mass transit corridor. Originally constructed as a historic auto court motel, the property has had a variety of names including Siesta Court and Vista court in the 1960s, currently known as the West Central Route 66 apartments at 6116 Central SW. Current owner is motivated for a 2014 sale and has priced the property to move at $299,000 or $27,182/per unit, $72/sf, 9.2% CAP rate, 13.00% Cash on cash, 17.8% before tax IRR, and 12.9% after tax IRR. Download the seven page flyer (attached) Property tour scheduled for Noon on December 16th, 2014 with an offer deadline of December 30th, 2014. Register for the tour and additional confidential documents at

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43 Boneyard Road

Espanola, NM 87532


$119,9001,431 SF

Truly, A MUST SEE! Beautiful 2 bed/ 1 bath Adobe home residing on 1 acre lot. Scenery is unbeatable! Vinyl windows, plenty of natural light and spacious layout. Privacy fence surrounding. Hardwood/tile/carpet flooring throughout. Septic/well, spacious yard perfect for outdoor entertainment! Home will need repairs and possible updates but has great potential

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433 W. 2nd St.

Capitan, NM 88316


$115,0001,875 SF

Duplex located one block from Capitan schools. 2 bedroom/1 bathroom in front and 1 bedroom/1 bathroom in back. Front unit recently painted and back unit remodeled. Exterior recently painted. Nice quiet street. Close to everything in town.

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100 Butler St

Ruidoso, NM 88345


$689,0005,789 SF

Known as Las Casitas these 22 cabins (total of 24 Bedrooms, 23 Baths) in Mid-Town spew the cash. Development potential - city utilities, waiting list to get in - possible owner financing - 8% cap rate. Sold as is.

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183 Monte Largo Drive Ne

Albuquerque, NM 87123


$210,0003,372 SF

Property is all-electric with mature landscaping and a large,backyard. Kitchen, living-room downstairs with two bedrooms and bathroom upstairs. master bedrooms have good views looking west. Building is located on a corner lot. Property has excellent rental history and is fully leased. Each unit is 843 sf. No common areas except for laundry facility.

New Mexico Apartment Buildings for Sale

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