Active For Sale Multifamily

1339 San Mateo Blvd SE

1339 San Mateo Blvd SE, Albuquerque, NM, 87108

ID 5cc6d343

Overview

9-Unit Multifamily Investment OpportunityThe subject property is a 9-unit apartment community located at 1399–1333 San Mateo SE in Albuquerque, New Mexico. The asset has been meticulously maintained with substantial capital expenditures completed, resulting in a stabilized, turn-key investment with minimal deferred maintenance.This offering presents investors with the opportunity to acquire a low-risk, stabilized multifamily asset in one of Albuquerque’s fastest-appreciating apartment submarkets. With long-term, problem-free tenants and strong in-place operations, the property delivers immediate cash flow while offering organic rent growth upside driven by market fundamentals.This asset is well-suited for investors seeking stable income, downside protection, and long-term appreciation in a proven Albuquerque multifamily location.

Additional Information

City
Albuquerque
State
NM
Zip Code
87108
Primary Uses
Multifamily
Zoning
MX-L
Zoning Description
Mixed Use Low Intensity
Building Name
San Mateo Apartments
Building Class
C
Floors
2
Year Built
1,948
Total Units
9
Average Occupancy Rate
100%