Contacts

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 Jul 7, 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
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Roswell, NM
- Zip Code 88203
- Market Albuquerque
Points of Interest
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Phillips 66
0.38 miles
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Conoco
0.59 miles
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United Express
0.61 miles
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Stripes
0.75 miles
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Bell Gas
0.83 miles
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Diamond Shamrock
1.38 miles
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Alon
1.61 miles
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Pool
1.53 miles
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Park
1.60 miles
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Spring River Golf Course
2.36 miles
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Enchanted Lands Disc Golf Course
2.93 miles
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Crane Motel
1.79 miles
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Home2 Suites by Hilton Roswell, NM
2.02 miles
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Mayo Lodge
2.11 miles
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Belmont Motel
2.28 miles
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Budget Inn
2.37 miles
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Fairfield Inn & Suites Roswell
2.42 miles
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Days Inn Roswell
2.51 miles
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Leisure Inn
2.66 miles
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Rodeway Inn Roswell
2.78 miles
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La Quinta Inn & Suites Roswell
3.06 miles
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Albertsons
0.66 miles
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Farmers Country Market
1.66 miles
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Big Lots
3.67 miles
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Target
3.89 miles
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Farmers Country Market Uptown
4.06 miles
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Beall's
5.35 miles
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Walmart Supercenter
5.42 miles
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Roswell Mall
5.42 miles
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JCPenney
5.48 miles
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