613 Mesilla St SE, Albuquerque, NM 87108
- Beds
- 14
- Baths
- 14
- Sqft
- 6,408
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Overview
Exceptional opportunity to acquire a 14-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 7.70% 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. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Number of bedrooms
- 14
- Number of bathrooms
- 14
- Square feet
- 6,408
- Lot size (acres)
- 0.28
- Year built
- 1974
Exterior features
- Horse amenities
- Stable
Utilities
- Heating
- Forced Air
- Cooling
- Evaporative Cooling
Taxes
- Tax Annual Amount
- $8,042.24
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Southwest MLS (Greater Albuquerque Association of REALTORS) MLS®#: 1105932 Last checked: …

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