635 Mesilla Street Se, Albuquerque, NM 87108

    $798,456
    • 635 Mesilla Street Se, Albuquerque, NM 87108 Main Photo

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    New to the Market Active
    BEDS8 BATHS SQUARE FEET2,688 MLS#1104663
    STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONEmil Mann Addition

    Property 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.

    635 Mesilla Street Se | MLS# 1104663

    This multi-family property located at 635 Mesilla Street Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $798,456. Search Albuquerque real estate on www.genedellamaggiora.com today.

    Property Features

    Property Type: Multi Unit - Multiple
    Cooling: Evaporative Cooling
    Heating: Central
    Lot Size: 0.16 Acres
    Stories: 1.0
    Taxes: $5,451
    Year Built: 1970

    Amenities

    Landscaping
    Patio

    Feature Descriptions

    Appliances: Convection Oven, Refrigerator
    Community Features: Patio
    Days on Site: 6
    Exterior: Brick
    Flooring: Carpet, Tile, Vinyl
    Parcel#: 101905608735620306
    Patio/Porch: Patio
    Units: 8
    Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Listed By / Shown By

    Listed By

    Agency Name: Trinity Apartment Company LLC
    Agency Phone: (505) 622-3240

    Shown By

    Agent Name: Gene Della Maggiora
    Agent Phone: Cell: (505) 585-5293
    Agency Title: Coldwell Banker Legacy

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    Estimated Payment

    $ 2,464.15 per month $1,777.02 Principal & Interest $454.25 Property Tax $232.88 Homeowner's Insurance

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