609-641 Mesilla Street Se, Albuquerque, NM 87108

Albuquerque
Local realty services provided by:ERA Sellers & Buyers Real Estate
609-641 Mesilla Street Se,Albuquerque, NM 87108
$4,989,000
  • 3 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: trey w. whaley, karen eugenia amaro
Office: trinity apartment company llc.
MLS#:1110504
Source:NM_SWMLS

Price summary

  • Price:$4,989,000

About this home

Exceptional opportunity to acquire a 57-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 9,41% 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 in come and reducing collection risk. The property has been well maintained by hands-on local owner who has taken pride in managementand up keep, resulting in solid operations and tenant stability. Investment Highlights: 57 total units (1BR/1BA & 2BR/1BA mix) Strong cap rate with in-place income. Voucher-backed tenants providing consistent revenue. Well-maintained asset with pride...

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Home facts

  • Year built:1984
  • Listing ID #:1110504
  • Added:24 day(s) ago
  • Updated:September 30, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Flooring:Carpet, Tile, Vinyl
  • Kitchen Description:Built-In Gas Range, Refrigerator

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1984
  • Lot area:0.31 Acres
  • Construction Materials:Stucco
  • Exterior Features:Landscaping
  • Levels:2 Story

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$4,989,000
  • Tax amount:$15,448

Features and amenities

  • Appliances:Refrigerator

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