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New Mexico Apartment Advisors
Property Details
- Property Type Multi-Family
- Property Size 45,798 SF
- Units 54
- Lot Size 2.41 Acre
- Cap Rate % 7.46
- Date Updated Jun 2, 2025
The property offers well apportioned units ranging from 601 to 1,274 square feet in one, two and three bedroom units. The property is a 100% occupied and stable CORE investment, with the potential of value add with rents that are 29% below market and the potential to charge back RUBs. Implementing a RUBs bill back could increase the property value by $891,644 or 26%! Offered for less than a recent appraisal and less than 25% of market comparable sales, this Seller desires a quick sale!
Reach out to the broker for more info on lease terms and amenities
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Location
- City Roswell, NM
- Neighborhood Foggy Bottom
- Zip Code 88203
- Market Albuquerque
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

New Mexico Apartment Advisors