67 unit multifamily portfolio in Southeast Albuquerque
500 Kentucky St SE, Albuquerque, NM 87108

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
Links
For Sale
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