- For Sale $1,325,000
- Property Type Multi-Family
- Property Size 8,831 SF
- Units 22
- Lot Size 0.63 Acre
- Cap Rate % 9.61
- Building Class C
- Date Updated May 4, 2026
Description
- Year-End 2 Pro Forma Cap Rate: 10.13%
*Market & Section 8 Lease Rates (2024).* - Year-End 2 Pro Forma Cap Rate: 11.96
*100% Section 8 Lease Rates (2024).* - Value-Add: Lease rates are 27.08% below 2024 Section 8 Voucher Standards
- Gated Property: Perimeter & Automatic Car Gate
- 2023-24 Capital Improvements:
– Porch landings & awnings
– Wrought-iron perimeter fence
– New common electrical panel
– Welded crawl space security covers
– Additional Unit: Shell space conversion
– Exterior paint and stucco repair.
False
Contacts
Sarah Raboff
NAI SunVista
Luke Scarpa
NAI SunVista
Location
Located at 7600 Central Ave SE, Albuquerque, NM 87108, this property is part of the Trumbull Village neighborhood and Albuquerque market.
Contact 7600 Central Ave SE
