1100 Alvarado Drive Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
1100 Alvarado Drive Se,Albuquerque, NM 87108
$599,000
  • 10 Beds
  • 9 Baths
  • 5,053 sq. ft.
  • Multi-family
  • Active
Listed by: eric k beach
Office: beach realty
MLS#:1098466
Source:NM_SWMLS

Price summary

  • Price:$599,000
  • Price per sq. ft.:$118.54

About this home

Investment package: Six updated condos in the 3-story, 42-unit gated Moana Condo Complex in SE Albuquerque near Kirtland AFB & Sandia Labs. Includes three 2BR/2BA, one 2BR/1BA, and two 1BR/1BA units. Secured parking in gated lot for 5 of the 6 condo units. Condo dues vary by size and cover exterior maintenance, exterior utilities (gas, water, sewer, trash), and exterior insurance; owner pays interior electric and taxes. Complex includes a pool. Fully leased; all units on leases with deposits in place. Current gross $81,888; NOI $40,065 (6.69% cap). Market rents project gross $98,352; NOI $51,053 (8.52% cap). Package sale only. Offers contingent on buyer's visual inspection within 72 hours of offer acceptance; proof of funds required on all offers. No sign or lockbox at property.

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Home facts

  • Year built:1965
  • Listing ID #:1098466
  • Added:44 day(s) ago
  • Updated:April 03, 2026 at 02:17 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:9
  • Kitchen Description:Free Standing Electric Range, Refrigerator
  • Living area:5,053 sq. ft.

Heating and cooling

  • Cooling:Refrigerated
  • Heating:Central, Forced Air, Hot Water

Structure and exterior

  • Year built:1965
  • Building area:5,053 sq. ft.
  • Construction Materials:Brick, Concrete
  • Exterior Features:Landscaping, Lighting
  • Levels:1 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$599,000
  • Price per sq. ft.:$118.54
  • Tax amount:$4,474

Features and amenities

  • Appliances:Refrigerator
  • Pool features:Community Pool

Parking

  • Total parking spaces:5

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