1237 Menaul Boulevard NW, Albuquerque, NM 87107

• 8 beds |
• 4 baths |
• 3,400 sqft

Property Description

**Property is being sold as a package with 1225 Menual Blvd. NW** 1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.

Listing Status:

Active

Date Added:

May 20, 2026

Data Last Updated:

May 21, 2026 at 12:21AM

Listing Office:

NAI SunVista Commercial RE : (505) 878-0001

Listing Agent:

Luke Scarpa : (505) 504-8883

MLS ID:

1103919

Interior

• Appliances: DishwasherFree-Standing Gas RangeMicrowaveRefrigerator
• Laundry: Washer HookupDryer HookupIn Unit
• Flooring: Vinyl
• A/C: Refrigerated
• Heating: CentralForced Air
• Fireplace: Option
• Eco/Green Feature: None

Construction

• General: 2

Location

• Originating MLS: SWMLS_SWMLS
• County: Bernalillo

Lot

• Zoning: 101305946841011004

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Financial

• Source: SWMLS_SWMLS