$1,397,298

613 Mesilla Street SE, Albuquerque, NM 87108

  • 14 beds |
  • 14 baths |
  • 6,408 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1974
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $218/sqft
  • Property List Date Icon Listed 14 days ago

Property Description

Exceptional opportunity to acquire a 14-unit apartment portfolio located in Albuquerque's strong workforce housing sector. The property features a well-balanced unit mix of 1-bedroom/1-bath and 2-bedroom/1-bath units, catering to consistent rental demand in a high-occupancy submarket.This asset offers immediate and stable cash flow, operating at an 7.70% cap rate, making it an attractive option for both seasoned and entry-level multifamily investors seeking yield in today's market.A significant portion of the tenant base is supported by housing voucher programs, providing reliable, government-backed rental income and reducing collection risk. The property has been well maintained by a hands-on local owner who has taken pride in management and upkeep.

Listing Status:
Active
Date Added:
June 20, 2026
Data Last Updated:
July 5, 2026 at 12:17AM
Listing Office:
Trinity Apartment Company LLC : (505) 622-3240
Listing Agent:
Trey W. Whaley : (505) 269-1824
MLS ID:
1105932
  • Appliances: Refrigerator
  • Flooring: CarpetLaminateTileVinyl
  • A/C: Evaporative Cooling
  • Heating: Forced Air
  • Eco/Green Feature: None
  • General: Landscaping
  • General: Adobe2
  • Originating MLS: SWMLS_SWMLS
  • County: Bernalillo
  • Zoning: 101905608737420309
  • Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
  • Source: SWMLS_SWMLS

This listing courtesy of Trey W. Whaley , Trinity Apartment Company LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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