- For Sale $2,323,232
- Property Type Multi-Family
- Property Size 14,660 SF
- Units 32
- Lot Size 0.6 Acre
- Cap Rate % 6.33
- Date Updated May 4, 2026
Description
The property has 32 recently renovated units, most of which are one-bedroom apartments. The community also has a connection to Albuquerque history (see page 1), and its longest running owner and chief steward of the area is local favorite and the voice of the Lobos, Connie Alexander.
The property is ideal for an investor looking to capitalize on providing quality housing for Kirtland Air Force Base, the newly announced Touro College of Dental Medicine, local nearby hospitals, the new Max Q development project, The Aviation Center of Excellence, Netflix, and the multi tude of new jobs coming to the Albuquerque Metro’s booming south side.
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Contacts
New Mexico Apartment Advisors
Location
Located at 437 Mesilla SE, Albuquerque, NM 87108, this property is part of the Trumbull Village neighborhood and Albuquerque market.
New Mexico Apartment Advisors