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3600 Lafayette Dr NE

3600 Lafayette Dr NE Albuquerque, NM 87107

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Overview

Introducing Pyramid Apartments - a lucrative investment opportunity located at 3600 Lafayette Dr NE, Albuquerque, NM 87107. This well-maintained 2-story garden apartment complex features 10 units with a variety of floor plans, including spacious layouts with wood-style floors and ample storage. With a strong cap rate of 7.0%, the property offers a value-add potential with room for rent improvement. Surrounded by mature landscaping and dog-friendly areas, tenants enjoy a serene environment close to Lafayette Park and a range of amenities including nearby schools, shopping, and dining options. The property boasts a laundry room with washer/dryer facilities and evaporative cooling, ensuring tenant comfort and convenience. Don't miss this opportunity to invest in a property with stable long-term tenants, upscale potential, and a desirable location in the North I-25 submarket. Contact us today to learn more about Pyramid Apartments at 3600 Lafayette Dr NE!
 

Property Features
• Well-maintained 10-unit multifamily property
• Evaporative cooling
• Laundry room with washer/dryer
• Frame/stucco construction
• Mature landscaping
• 2 floor-plans to choose from
• Improvable rents
• Lawn area, dog walking areas
• Community park to east

Unit Features
• Open layouts
• Two story apartment buildings
• Laundry room with washer/dryer
• Oversized closets space
• Wood style floors

For Sale

Multifamily

Secondary Uses: Mid Rise

Sale Price
$1,100,000
Price Per SF
$160.1/SF
Building Size
6,870 SF
Acres
0.2996 ac
Zoning
R-ML
Zoning Description
Multi-family Low Density
Building Name
Pyramid Apartments
Floors
2
Submarket
North I-25
Total Units
10
Laundry
Shared
County
Bernalillo
Created
2025-04-02
Updated
2025-04-07
Listing ID
5242163c
Parcel APN
101606040419940822

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