1100 Alvarado Drive Se, Albuquerque, NM 87108
Local realty services provided by:ERA Sellers & Buyers Real Estate
1100 Alvarado Drive Se,Albuquerque, NM 87108
$599,000
- 2 Beds
- 2 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:1 day(s) ago
- Updated:February 18, 2026 at 01:40 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- 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.
Utilities
- Water:Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$118.54
- Tax amount:$4,474
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