4-unit multifamily investment located in a rapidly improving corridor of Albuquerque, benefiting from significant public and private reinvestment. The property offers investors a strong cap rate, attractive cash-on-cash returns, and durable demand from long-term workforce tenants. The surrounding area has seen substantial momentum, including a brand-new public library and park, along with ongoing residential and mixed-use development nearby. These improvements support long-term appreciation while maintaining strong rental demand. Current tenants are stable, long-term residents, providing a solid foundation for consistent income.632 Alcazar is also listed for sale and can be bought together.
Listed By
Agency Name: EXP Realty LLC
Agency Phone: (505) 554-3873
Shown By
Agent Name: Zay Johnson
Agent Phone: Cell: (708) 522-1081
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 1,383.32 per month $934.74 Principal & Interest $326.08 Property Tax $122.50 Homeowner's Insurance
CONTACT DETAILS
8200 Carmel Avenue NE
Albuquerque, NM 87122
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630 Alcazar Street Se | MLS# 1110555
This multi-family property located at 630 Alcazar Street Se, Albuquerque, NM 87108 is currently listed for sale with an asking price of $420,000. Search Albuquerque real estate on zjohnson.cblegacy.com today.