- For Sale $3,965,358
- Property Type Multi-Family
- Property Size 25,104 SF
- Units 44
- Lot Size 1.48 Acre
- Cap Rate % 6.65
- Date Updated May 4, 2026
Description
On behalf of the Owner, Deacon Property Services and NM Apartments Inc. are honored to bring this unique, updated 44 unit apartment complex to market. 5 separate buildings on 3 parcels featuring 40 1 bedroom apartments and 4 two bedroom apartments. All apartments feature private, secure courtyard space with bonus secure exterior storage. Two bedroom apartments boast large backyards in addition to secured courtyards. All buildings have been modernized and freshened with thermal windows and quality exterior updates. Master metered gas and electric are offset with a full Solar PV system (owned / transfer able) and some RUBS billback already implemented with groundwork in place for all apartments. Most of the apartments have been updated with contemporary fixtures & finishes & luxury vinyl plank flooring throughout. Secured access / courtyard entry to all buildings and apartments with 47 off street parking spaces (2 carport) and 5 secure, on-site laundry rooms.
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Contacts
New Mexico Apartment Advisors
Location
Located at 1200 Ortiz SE, Albuquerque, NM 87108, this property is part of the South San Pedro neighborhood and Albuquerque market.
New Mexico Apartment Advisors