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    New Mexico Apartment Buildings for Lease

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    Downtown Las Cruces Mixed-Use Property
    $600,000 SF/Yr

    Downtown Las Cruces Mixed-Use Property

    506 E May Avenue, Las Cruces, NM 88001

    Remodeled mixed-use property in revitalized downtown Las Cruces.

    • Prime downtown Las Cruces location with high foot traffic, near restaurants, breweries, and boutiques.
    • Newly remodeled mixed‑use property with strong income potential.
    • Six rental units: one 3‑bedroom and five 1‑bedroom apartments.
    • High‑demand, low‑vacancy rental units.
    • Value‑add potential through improvements or short‑term rentals.
    Updated: Nov 18, 2025
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    Affordable Multifamily Asset For Rent
    Contact for pricing
    25,812 SF

    Affordable Multifamily Asset For Rent

    1515 S Sunset Ave, Roswell, NM

    60-unit Roswell, New Mexico multifamily asset with HAP contract.

    • 100% supported by a Project‑Based Section 8 HAP contract, ensuring a stable revenue stream.
    • Opportunity to renovate and capture a projected 25% Mark‑Up‑to‑Market rent increase on the Option 2 HAP contract.
    • Senior/Elderly‑Designated community (62+).
    • Located in Roswell, New Mexico.
    • Close proximity to grocery, restaurant, and entertainment options.
    Updated: Apr 30, 2024
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    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 2 Active listings in New Mexico, we suggest exploring alternatives. Similar 49 Properties for Sales.

    Explore Similar Spaces for Sale in New Mexico

    Consider Similar Space for Sale. We found 49 Spaces matching your search parameters.

    Historic Multi-Unit Opportunity in Socorro
    $450,000
    4,023 SF

    Historic Multi-Unit Opportunity in Socorro

    Historic multi-unit property with income-producing potential in Socorro, NM.

    303 Eaton Avenue, Socorro, NM 87801
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    Stabilized 6-Plex Investment Opportunity
    $549,900
    4,950 SF

    Stabilized 6-Plex Investment Opportunity

    Fully renovated 6-unit multifamily property with strong rents in Clovis.

    1000 Ash Street, Clovis, NM 88101
    View details
    Santa Fe Multifamily Investment Property
    $809,000
    3,436 SF

    Santa Fe Multifamily Investment Property

    Fully occupied 5-plex with long-term tenants in Santa Fe.

    3120 Jemez Road, Santa Fe, NM 87507
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    Albuquerque Multifamily Investment Opportunity
    $840,000
    5,475 SF

    Albuquerque Multifamily Investment Opportunity

    Well-maintained 8-unit property with strong rental demand in Albuquerque.

    631 & 633 Mesilla Street SE, Albuquerque, NM 87108
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    Las Cruces Multifamily Investment Property
    $800,000
    2.71 Acres

    Las Cruces Multifamily Investment Property

    Five income-producing units on 2.71 acres in Las Cruces.

    311 Hurt Road, Las Cruces, NM 88007
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    Anthony, NM Multifamily Opportunity
    $450,000
    2.75 Acres

    Anthony, NM Multifamily Opportunity

    Three apartment buildings, a house, and ample space on 2.75 acres.

    370 E Ohara Road, Anthony, NM 88021
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    Turnkey 6-Plex in Albuquerque
    $565,000
    3,191 SF

    Turnkey 6-Plex in Albuquerque

    Fully occupied 6-plex with low vacancy and high demand.

    426 Towner Avenue NW, Albuquerque, NM 87102
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    Albuquerque Multifamily Investment Opportunity
    $1,600,000
    4,810 SF

    Albuquerque Multifamily Investment Opportunity

    Eight-unit multifamily property near Old Town & Sawmill District.

    2307 New York Avenue SW, Albuquerque, NM 87104
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    Eight-Door Apartment Complex in Portales
    $495,000
    0.92 Acres

    Eight-Door Apartment Complex in Portales

    Eight-unit apartment complex with storage, expansion potential, and owner financing.

    1515 W 18th Street, Portales, NM 88130
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    Albuquerque Multifamily Investment Opportunity
    $840,000
    2,688 SF

    Albuquerque Multifamily Investment Opportunity

    Well-maintained 8-unit multifamily property in Albuquerque with strong rental demand.

    635 & 637 Mesilla Street SE, Albuquerque, NM 87108
    View details
    Albuquerque Multifamily Property For Sale
    $1,100,000
    3,600 SF

    Albuquerque Multifamily Property For Sale

    Multifamily property in prime location with under market rents.

    807 8th Street NW, Albuquerque, NM 87102
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    Renovated Nob Hill Multifamily Property
    $850,000
    3,335 SF

    Renovated Nob Hill Multifamily Property

    Five-unit multifamily property in Nob Hill, Albuquerque, fully renovated.

    301 Graceland Drive SE, Albuquerque, NM 87108
    View details
    Historic Commercial Complex in Silver City
    $1,200,000
    15,515 SF

    Historic Commercial Complex in Silver City

    Unique commercial complex near downtown and WNMU, Silver City, NM

    301 W College Avenue, Silver City, NM 88061
    View details
    Santa Fe Multifamily Investment Opportunity
    $6,300,000
    15,995 SF

    Santa Fe Multifamily Investment Opportunity

    New 18-unit apartment complex in Santa Fe's Railyard District.

    920 Shoofly Street, Santa Fe, NM 87505
    View details
    Las Cruces Multifamily Property
    $416,000
    0.46 Acres

    Las Cruces Multifamily Property

    Multifamily property for sale in Las Cruces, New Mexico.

    711 Foster Road, Las Cruces, NM 88001
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    Albuquerque Multifamily Investment Opportunity
    $3,015,000
    14,266 SF

    Albuquerque Multifamily Investment Opportunity

    Multifamily portfolio in Albuquerque with investment upside.

    3601 Wellesley Drive NE, Albuquerque, NM 87107
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    Albuquerque Multifamily Investment Opportunity
    $5,317,173
    33,000 SF

    Albuquerque Multifamily Investment Opportunity

    Multifamily property near Nob Hill and University of New Mexico.

    419 Monroe Street NE, Albuquerque, NM 87108
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    Albuquerque Development Site with Plans
    $399,900
    0.65 Acres

    Albuquerque Development Site with Plans

    Development site with approved 24-unit apartment plans. Owner financing available.

    6525 COCHITI Road SE, Albuquerque, NM 87108
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    Updated Multifamily Compound in Albuquerque
    $1,012,500
    4,805 SF

    Updated Multifamily Compound in Albuquerque

    Revitalized 7-unit compound near UNM, CNM, and Kirtland AFB.

    1003-1005 Carlisle Boulevard SE, Albuquerque, NM 87106
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    Santa Cruz Multifamily Investment Opportunity
    $1,023,993
    5,741 SF

    Santa Cruz Multifamily Investment Opportunity

    Seven-unit property near Santa Fe, NM, with value-add potential.

    1004 State Road 76, Santa Cruz, NM 87567
    View details
    Commercial Property in Madrid, NM
    $549,000
    3,748 SF

    Commercial Property in Madrid, NM

    Turnkey commercial property with apartments and casita in Madrid's business district.

    2864 Nm 14, Madrid, NM 87010
    View details
    Multifamily Investment in Albuquerque
    $1,000,000
    5,603 SF

    Multifamily Investment in Albuquerque

    5,603 SF building with 9 units and 100% occupancy.

    313-315 Iron Ave. SW, Albuquerque, NM 87102
    View details

    New Mexico Apartment buildings Leasing Opportunities Market Analysis

    Explore Apartment buildings leasing options in New Mexico with 2 listings featured on our commercial real estate exchange. The current inventory includes 25,812 square feet of properties with an estimated lease value of $600,000.

    Estimated lease rates for Apartment buildings in New Mexico begin at $600,000, with an average of $600,000 and extend to $600,000.
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