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67 unit multifamily portfolio in Southeast Albuquerque

500 Kentucky St SE, Albuquerque, NM 87108

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Overview

Multifamily Portfolio:

Total Units: 67
Total Buildings: 4
Unit Mix: 47× 1BR / 20× 2BR
Total Building Size: 54,649 SF
Offering:  Portfolio Purchase
Pricing: $3,685,000
Seller Financing Available (REC): Possibly

433 Alcazar St SE

20 units | 8×1BR + 12×2BR | 11,088 SF | Built 1960

Current NOI $48,217 | Pro Forma NOI $154,128
|Stabilized Value $1.71M–$2.05M

500 Kentucky St SE

11 units | 9×1BR + 2×2BR | 9,673 SF | Built 1963

Pro Forma NOI $71,136
|Stabilized Value $790K–$948K

7900 Bell Ave SE

24 units | 24×1BR | 24,480 SF | Built 1976

Pro Forma NOI $142,272
|Stabilized Value $1.9M

636–644 Grove St SE

12 units | 6×1BR + 6×2BR | 9,408 SF | Built 1964

Pro Forma NOI $88,920
|Stabilized Value $988K–$1.18M


Please see link for breakdown of photos per building

Contact Ava or Nikki for more information

For Sale

Multifamily

Secondary Uses: Mid Rise, Low Rise, Mixed Use

Sale Price
$3,685,000
Price Per SF
$67.4/SF
Building Size
54,649 SF
Zoning Description
Multi Family Low Density Residential
Floors
2
Submarket
Southeast Heights
Property Use Type
Investment
Property Status
Existing
Average Occupancy Rate
25%
Total Units
67
County
Bernalillo
Available
11/24/2025
Listed
11/24/2025
Updated
11/24/2025
Listing ID
5fec7271
Parcel APN
101805650044612323

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