6720 Cochiti Road SE, Albuquerque, NM 87108

• 3 beds |
• 3 baths |
• 4,300 sqft

Property Description

Start price is 10.41% cap rate at 6720 Cochiti SE presents a rare opportunity to acquire a nine-unit multifamily property in immediate proximity to Albuquerque's historic State Fair / EXPO NM. The State of NM, has approved an initial $114M in funding for what could become a ''billion dollars'' per Governor Lujan Grisham. Although the area appears a bit rough now, the state has indicated they intend to redevelop the NM Fair grounds, located just north of this property with $200M of redevelopment that could include a stadium for NM United, as well housing retail and a complete mixed-use community. The subject property is located about 400 feet due south of the center of the current State Fair grounds. One date for tours (noon 7/21) and one date for offers 7/22.

Listing Status:

Active

Date Added:

June 29, 2026

Data Last Updated:

July 4, 2026 at 10:16PM

Listing Office:

NM Apartment Advisors, Inc. : (505) 440-8633

Listing Agent:

Todd D Clarke : (505) 440-8633

MLS ID:

1106356

Interior

• Appliances: Refrigerator
• Flooring: Tile
• A/C: Evaporative Cooling
• Heating: Wall Furnace
• Disability Feature: None
• Eco/Green Feature: None

Construction

• General: BlockFrameStucco1

Location

• Originating MLS: SWMLS_SWMLS
• County: Bernalillo

Lot

• Zoning: Lots 5 & 6Fair Grounds Addition101805742508041114

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected

Financial

• Source: SWMLS_SWMLS