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12708 Copper Ave NE

12708 Copper Ave NE Albuquerque, NM 87123

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Overview

Subject: FAR North East heights duplex – start price is low $199,975 for spacious floorplans

 

Good morning!

 

On behalf of the Owners, NM Apartment Advisors to bring to market this unique community of townhouse style units in Albuquerque’s North east heights.

 

Excellent location just off Tramway and Copper gives quick and easy access to great shopping, restaurants, and a ton of retail establishments.

 

The property features specious two bedroom one bathroom units with stand alone front and rear entrances as well as their own internal laundry room.  The two units are stached on top of each other and adjacent to two similar duplexes. Additionally, each unit is separately metered for electric and gas.

 

The upper floor unit is vacant and needs a bit of work to be rent-ready.  This property offers tremendous upside for investors with vision and extra capital for renovations.  The unique lot also offers chance for an owner occupant to build in some equity through their own hard word.

 

With a start price of $199,975 there is a lot of runway on this deal as the dozen comparable sales support a market value of $394,441, this charmer will go fast.

 

The property is being marketed using the BID process, with a set date and time for property tours and a fixed offer deadline.  In the event of multiple offers, the Seller will be inviting only the top 50% of buyers to a best and final round.

 

Virtual tours of each property can be found at 

Upper floor vacant unit B – http://www.nmapartment.com/copper3d

Qualified Investors can register for the in-person tour and access to the confidential document center with the online confidentially agreement at http://www.nmapartment.com/copper12708ne

Deadline to register is Monday, October 20th at noon.

16 page flyer at http://www.nmapartment.com/apt/NMAA-Copper12708NE.pdf

 

Buyer’s and Buyer’s brokers can discover the amount of Seller concession to the available to the Buyer by emailing compensation@nmapartment.com with the subject of NMAA-2567708

 

Timelines:
-Register for the confidential documents and property tour at http://www.nmapartment.com/copper12708ne

-Attend the in-person property tour at noon on Tuesday, October 21st, 2025 (no other showing times are available, so please do not request one outside this time frame).
- Offer deadline at Noon on Thursday, October 23rd, 2025.

 

Do not miss out on this amazing opportunity!

 

Thanks,
Todd Clarke CCIM CIPs
CEO
NM Apartment Advisors Inc.
(505) 440-TODD

 

- Bid process

- Tour date noon on 10/21

- Offer deadline Noon on 10/23

For Sale

Investment
Sale Price
$199,975
Price Per SF
$100/SF
Cap Rate
7.75%
Building Size
2,000 SF
Acres
0.091 ac
Zoning
MX-M
Zoning Description
Mixed Use Moderate Intensity
Gross Income
$23,940
Net Operating Income
$15,497
Pro Forma NOI
$34,800
Total Expenses
$8,443
Floors
2
Year Built
1978
Submarket
Northeast Heights
Nearest MSA
Albuquerque
Tax ID Number
102205728325441719
Property Status
Existing
County
Bernalillo
Available
2025-10-08
Created
2025-10-08
Updated
2025-10-08
Listing ID
9a6a49a3
Parcel APN
102205728325441719

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