609 Mesilla Street SE
609 Mesilla Street SE
609 Mesilla Street SE
SEE ALL PHOTOS
609 Mesilla Street SE
609 Mesilla Street SE
609 Mesilla Street SE
Courtesy of Trinity Apartment Company LLC
For Sale

609 Mesilla Street SE

609 Mesilla Street SE, Albuquerque, NM 87108

$1,144,491
Exceptional opportunity to acquire a 13-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 8.35% 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, resulting in solid operations and tenant stability

9
beds

7
baths

6,896 Sq.Ft. LIVING AREA

0.31 Acres lot

Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms7
  • Flooring Carpet, Tile, Vinyl
  • APPLIANCES Built-In Gas Range, Refrigerator

Area & Lot

  • Status For Sale
  • Living Area6,896 Sq.Ft.
  • Total Area6,896 Sq.Ft.
  • Lot Area0.31 Acres
  • MLS® ID1108384
  • TypeMulti-Family
  • YEAR BUILT1984
  • NeighborhoodAlbuquerque / Rio Rancho

Exterior

  • STORIES2
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGEvaporative Cooling
  • Green featuresNone
  • other exterior FeaturesLandscaping

Financial

  • Sales Price$1,144,491
  • Real Estate Tax $15,448/yr
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 609 Mesilla Street SE, Albuquerque, NM 87108. We are reviewing your request and will be in touch shortly!

Mortgage Calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

All estimates are provided for informational purposes only. Actual amounts may vary.
$0,000 Your Payment 20 15 65
$0,000 Your Payment

Albuquerque / Rio Rancho

Explore

Work With Us

If you are looking for a real estate company that is committed to providing its clients with the best possible experience, look no further than K2 Simply Real Estate. Contact us today to learn more!

Follow Us on Instagram