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Southeast Heights Multifamily Portfolio

314 & 316 Tennessee St SE Albuquerque, NM 87108

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Overview

Colliers is pleased to bring to market 314 & 416 Tennessee St SE, a multifamily complex consisting of two triplexes. The property is located in the Southeast Heights near the Kirtland Air Force Base and VA Medical Center. Each triplex features three 2-bedroom, 1-bath units, with separate garages and in-suite laundry hookups, as well as a shared, private outdoor space. The complex boasts a strong performance history in its tenancy history, making it an ideal opportunity to build an investment portfolio or add to an existing one.

Full Offering Memorandum is available upon request with signed confidentiality agreement.

  • Separate garages for each unit
  • In-suite laundry hookups
  • Shared outdoor private space
  • Cinder block fencing surrounding property
  • Strong tenant history
  • Located near the Kirtland Air Force Base and VA Medical Hospital

For Sale

Multifamily
Sale Price
$636,000
Price Per SF
$120.5/SF
Investment
Yes
Cap Rate
8.04%
Net Operating Income
$51,117.28
Building Size
5,280 SF
Zoning
R-ML
Submarket
Southeast Heights
Property Status
Existing
Total Units
6
Laundry
In Each Unit
County
Bernalillo
Created
2023-12-21
Updated
2025-01-22
Listing ID
497d836f
Parcel APN
101905634848611713

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