- For Sale $3,041,053
- Property Type Multi-Family
- Property Size 11,440 SF
- Units 23
- Lot Size 0.88 Acre
- Cap Rate % 6.37
- Year Built 1984
- Date Updated May 4, 2026
Description
This high barrier to entry market has some of the most expensive single family housing in
the country (over $775,000 on average) as well as a signiÞcant rental housing shortage.
A recent housing study performed on behalf of Santa Fe County indicates a severe shortage of housing and immediate demand of an additional over 4,500 additional rental units.
The property is separately metered for electric and master metered for gas and contains
a common area laundry room and both interior double loaded corridor units as well units
with their exterior access.
Do not miss out on this opportunity to invest in one of America’s most sought after markets and receive a rare positive cash flow.
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Contacts
New Mexico Apartment Advisors
Location
Located at 3226 Rufina, Santa Fe, NM 87507, this property is part of the La Cieneguita neighborhood and Albuquerque market.
New Mexico Apartment Advisors
