635 Mesilla ST SE, Albuquerque, NM 87108
635 Mesilla ST SE, Albuquerque, NM 87108
635 Mesilla ST SE, Albuquerque, NM 87108
635 Mesilla ST SE, Albuquerque, NM 87108
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Anthony Weber

Anthony Weber

Listed by Trinity Apartment Company LLC
$ 798,456
Est. payment | /mo

8 Beds

8 Baths

2,688 SqFt

Save
$ 798,456
Est. payment | /mo
Save

8 Beds

8 Baths

2,688 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,688 sqft

Price per Sqft $297

Subdivision Emil Mann Addition

MLS Listing ID 1104663

Bedrooms 8

Construction Status Resale

HOA Y/N No

Year Built 1970

Annual Tax Amount $5,451

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Exceptional opportunity to acquire a 8-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket. This asset offers immediate and stable cash flow, operating at an 7.37% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market. A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk.

Location

State NM

County Bernalillo

Area 71 - Southeast Heights

Interior

Heating Central

Cooling Evaporative Cooling

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Convection Oven, Refrigerator

Exterior

Exterior Feature Landscaping, Patio

Community Features Patio

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Porch Patio

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101905608735620306

Acceptable Financing Cash, Conventional, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, VA Loan

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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Anthony Weber

anthonyweber@nmrealtypros.com

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635 Mesilla ST SE