Multifamily Properties for Sale in Albuquerque, NM

The current inventory of Multifamily Properties for Sale in Albuquerque, NM is less than 50 properties!

Some investors believe that Multifamily and Apartment buildings are the best investment because they are easy to find, easy to analyze, everyone needs a place to live, banks love to lend on them, and they’re great cash flow generators – especially now that prices and interest rates are down! Multifamily Properties for Sale in Albuquerque, NM up to a total of 4 Units/Apartments can be financed through a Residential Loan, basically just like you are buying a Single Family Residence!

For a new investor they are easy to analyze and manage. I do recommend having a good Property Management Company like LOE Property Management in place to make your life a lot easier and still have the benefits of positive cash flow. For an experienced investor Multifamily and Apartment buildings are straightforward to manage and you can set up business systems to automate and delegate the mundane day-to-day tasks of owning apartment buildings or hire a Property Management Company. Once one is started it is relatively simple to buy more and more apartment units and build up a nice, cash flowing portfolio.

The value of an apartment building is driven by its net operating income (NOI), the amount of income left after all expenses are paid. The more money the building spits out after all expenses, the more it’s worth.

In many parts of the country, a building is worth 10 times its net operating income. This “10 times multiplier” is referred to as the “capitalization” or “cap rate” for short. Cap Rates for Multifamily Properties for Sale in Albuquerque, NM vary and offer between 5 and 8 percent. Any properties with higher returns than that we consider as “cash cows”!

Call or email Franz with any questions.

The inventory of Multifamily Properties for Sale in Albuquerque, NM is lower again at less than 50 active listings in the SWMLS but slowly rising! There are almost 50 properties under contract right now, the majority of them sold within a few days to about 3-4 weeks. Good properties are selling quick! At this time Rio Rancho has no (zero) Multifamily Property for sale based on MLS data and 3 pending! MLS shows 11 sold Multifamily Properties in Rio Rancho over the last 12 months. Albuquerque had almost 300 closed sales over the last year. In all of Valencia County, which includes Los Lunas and Belen, there are currently 3 properties for sale.

Commercial Real Estate Market Summary in New Mexico: April 2022

National Commercial Real Estate Market Insights: August 22

National Commercial Real Estate Trends & Outlook US for 2022

To find all listed Apartment Buildings and Multifamily Properties for Sale in Albuquerque, NM please use the map below!

$350,000
MLS # 1021500
4 Units
Status: Active
Property Type: Other
$300,000
MLS # 1017994
1 Units
Status: Active
$2,784,448
MLS # 1013743
28 Units
Status: Active
Property Type: Multi Family
$390,000
MLS # 1023460
3 Units
Status: Active
Property Type: Triplex
$330,000
MLS # 1014571
4 Units
Status: Active
Property Type: Quadruplex
$309,000
MLS # 1019503
2 Units
Status: Active
Property Type: Duplex
$290,000
MLS # 1021516
3 Units
Status: Active
Property Type: Triplex
$400,000
MLS # 1018339
4 Units
Status: Active
Property Type: Quadruplex
$225,000
MLS # 1023811
3 Units
Status: Active
Property Type: Triplex
$225,000
MLS # 1023767
3 Units
Status: Active
Property Type: Triplex
$975,000
MLS # 1023710
12 Units
Status: Active
Property Type: Multi Family
$1,200,000
MLS # 1023709
12 Units
Status: Active
Property Type: Multi Family