*Now Selling Separate from 1237*1225 & 1237 Menaul Blvd. NW present a strong value-add multifamily investment opportunity with a projected 6.44% pro forma cap rate and 100% occupancy as of May 2026. The properties feature an efficient unit mix comprised entirely of spacious 2-bedroom, 1-bath units, appealing to a broad tenant base. Several units have recently undergone interior renovations, creating additional upside through future rent growth and continued operational improvements. Unit amenities include refrigerated air, in-unit washer/dryer hookups, and private balconies or patios. Conveniently located near I-40, the properties offer quick access to Downtown Albuquerque, employment centers, and the Indian Pueblo Cultural Center.
63 days
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140
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10
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Zillow last checked:
Listing updated:
Listed by:
Luke Scarpa505-504-8883,
NAI SunVista Commercial RE505-878-0001
Source: SWMLS,MLS#: 1103921
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Central, Forced Air
Cooling
Refrigerated
Appliances
Included: Dishwasher, Free-Standing Gas Range, Microwave, Refrigerator
Laundry: Washer Hookup, Dryer Hookup, In Unit
Features
Flooring: Vinyl
Fireplace features: Option
Interior area
Total structure area: 0
Property
Features
Levels: One
Stories: 1
Lot
Size: 0.28 Acres
Details
Parcel number: 101305946538711030
Zoning description: R-ML*
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex, Multi Family
Condition
Resale
New construction: No
Year built: 1980
Utilities & green energy
Utilities for property: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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