Contacts
New Mexico Apartment Advisors
Property Details
- 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
Getting around
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83/100
Walk Score ®
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46/100
Transit Score ®
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89/100
Bike Score ®
Location
- City Albuquerque, NM
- Neighborhood Downtown Albuquerque
- Zip Code 87102
- Market Albuquerque
Points of Interest
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Asia Train Station
0.48 miles
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Africa Train Station
0.49 miles
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Tingley Station
0.72 miles
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Aquarium/Garden Station
1.16 miles
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Bernalillo County/International Sunport
3.82 miles
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Montaño
3.91 miles
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Los Ranchos/Journal Center
6.76 miles
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Sandia Pueblo
9.37 miles
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Isleta Pueblo
9.61 miles
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ChargePoint
0.68 miles
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VP
1.04 miles
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Shell
1.08 miles
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Circle K
1.09 miles
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Alon
1.16 miles
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Speedway
1.33 miles
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Chevron
1.36 miles
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Texaco
1.45 miles
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Love's
1.69 miles
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FINA
1.91 miles
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New Mexico Bank & Trust Parking
0.58 miles
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Albuquerque Plaza Office & Hotel
0.58 miles
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Bank of the West Center Garage
0.71 miles
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Metro Park
0.79 miles
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Convention Parking
0.82 miles
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Old Town Plaza Verde Parking
0.82 miles
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Medical Towers Parking
1.25 miles
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Main Hospital & Visitor Parking
1.29 miles
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Staff Parking
1.60 miles
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Patient and Visitor Parking
1.66 miles
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Route 66 Hostel
0.14 miles
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Downtown Inn
0.19 miles
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El Cuervo ABQ
0.49 miles
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Clyde Hotel
0.60 miles
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Hyatt Regency Albuquerque
0.61 miles
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Hotel Andaluz
0.68 miles
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DoubleTree by Hilton Hotel Albuquerque
0.72 miles
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Bottger Mansion of Old Town
0.78 miles
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Hilton Garden Inn
0.93 miles
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El Don Motel
0.99 miles
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Lowes Foods
0.52 miles
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Silver Street Market
0.68 miles
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Burlington
1.35 miles
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Stadium Super Market
1.41 miles
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Ross
1.48 miles
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El Super
1.50 miles
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Smith's
2.34 miles
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La Montañita Co-op Rio Grande
2.37 miles
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La Montanita
2.37 miles
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Walmart Supercenter
2.83 miles
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New Mexico Apartment Advisors
