- For Sale $450,000
- Property Type Multi-Family
- Property Size 1,981 SF
- Units 3
- Lot Size 0.1 Acre
- Cap Rate % 6.42
- Date Updated Jun 2, 2025
The property contains one large two bedroom residence, a small one bedroom unit, both furnished, and an under renovation studio unit. Located in the downtown/old town trade area and between the Civic Plaza, the Albuquerque Country Club and original plaza in Old Town’s that dates back to 1706 original plaza, this is well positioned to take advantage of all that both markets have to offer. Have morning coffee at Castle (or Slow Burn, Remedy or Cutbow); lunch at Duran’s, 505 Food Hall or The Sawmill Market. How about dinner at Season’s or the Artichoke Café? Of course you will want to bike to Saturday Downtown Farmer’s Market, take off on the +15 mile Bosque Trail or discover local museums and the several dozen restaurants in the area. The property is currently utilized as a vacation rental, and based on that income, it has an appraisal at $722,000 (see page 7). The residences offer hardwood floors, attractive layouts, semi-private yard spaces and the property is covered in landscaping.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
83/100
Very Walkable
-
Transit Score ®
46/100
Some Transit
-
Bike Score ®
89/100
Very Bikeable
- City Albuquerque, NM
- Neighborhood Downtown Albuquerque
- Zip Code 87102
- Market Albuquerque
Points of Interest
-
Asia Train Station
0.48 miles
-
Africa Train Station
0.49 miles
-
Tingley Station
0.72 miles
-
Aquarium/Garden Station
1.16 miles
-
Bernalillo County/International Sunport
3.82 miles
-
Montaño
3.91 miles
-
Los Ranchos/Journal Center
6.76 miles
-
Sandia Pueblo
9.37 miles
-
Isleta Pueblo
9.61 miles
-
ChargePoint
0.68 miles
-
VP
1.04 miles
-
Shell
1.08 miles
-
Circle K
1.09 miles
-
Alon
1.16 miles
-
Speedway
1.33 miles
-
Chevron
1.36 miles
-
Texaco
1.45 miles
-
Love's
1.69 miles
-
FINA
1.91 miles
-
New Mexico Bank & Trust Parking
0.58 miles
-
Albuquerque Plaza Office & Hotel
0.58 miles
-
Bank of the West Center Garage
0.71 miles
-
Metro Park
0.79 miles
-
Convention Parking
0.82 miles
-
Old Town Plaza Verde Parking
0.82 miles
-
Medical Towers Parking
1.25 miles
-
Main Hospital & Visitor Parking
1.29 miles
-
Staff Parking
1.60 miles
-
Patient and Visitor Parking
1.66 miles
-
Route 66 Hostel
0.14 miles
-
Downtown Inn
0.19 miles
-
El Cuervo ABQ
0.49 miles
-
Clyde Hotel
0.60 miles
-
Hyatt Regency Albuquerque
0.61 miles
-
Hotel Andaluz
0.68 miles
-
DoubleTree by Hilton Hotel Albuquerque
0.72 miles
-
Bottger Mansion of Old Town
0.78 miles
-
Hilton Garden Inn
0.93 miles
-
El Don Motel
0.99 miles
-
Dog House Drive In
0.15 miles
-
Firenze Pizzeria
0.20 miles
-
Capo's
0.29 miles
-
Cafe Lush
0.39 miles
-
Oni
0.41 miles
-
Sushi Hana
0.43 miles
-
Cecilia's Cafe
0.44 miles
-
Red Door Brewing
0.46 miles
-
Amore Neapolitan Pizzeria
0.46 miles
-
Asian Pear
0.46 miles
-
Washington Middle School
0.06 miles
-
Siembra School
0.39 miles
-
Saint Mary Catholic School
0.41 miles
-
Lew Wallace Elementary School
0.52 miles
-
Amy Biehl High School
0.53 miles
-
Manzano Mesa Elementary
0.55 miles
-
Dolores Gonzales Elementary School
0.64 miles
-
Coronado School
0.64 miles
-
Saint Vincent Academy
0.67 miles
-
San Felipe de Neri Catholic School
0.76 miles
-
Centro de Amor YDI Head Start Academy
0.71 miles
-
Child Care Center
2.14 miles
-
Le Petite Academy
2.70 miles
-
Serendipity Day School
2.91 miles
-
Child Development Center
2.93 miles
-
Wildflowers Day Nursery
3.15 miles
-
Steps Ahead Learning Center
3.37 miles
-
Little Big Foot Day School
3.40 miles
-
Maxwell Child Development Center (1914)
3.94 miles
-
Our Place Learning Center
4.10 miles
Frequently Asked Questions
The space currently listed for sale at 1200 Park SW asks for $450,000.
1200 Park SW totals 1,981 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
New Mexico Apartment Advisors
