Apartment Building

Grants, NM Apartment Buildings for Sale

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Milan, NM San Fidel, NM Prewitt, NM Ramah, NM Chama, NM Bluewater, NM
Renovated Apartment Building
Updated: Jul 9
Renovated Apartment Building

201 Lincoln Avenue, Grants, NM 87020

$1,100,000
7,090 sqft 0.40 AC lot
10 renovated apartment units with 80% occupancy
7,090 SF apartment property on 0.4 acres
2024 installation of energy‑efficient mini‑split HVAC systems property‑wide
Approximately 600 SF one‑bedroom, one‑bath unit converted from storage space
Additional unit is roughly 75% complete, subject to completion
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Renovated Apartment Building with TPO Roofs
Updated: May 1
Renovated Apartment Building with TPO Roofs

1035 E High St, Grants, NM 87020

$1,350,000
14,850 sqft
All roofs replaced within the past five years with durable TPO roofing systems
Most units remodeled with VCT flooring, fresh interior paint, and updated kitchen cabinetry
Upgraded kitchen countertops with butcher block materials in remodeled units
Newer swamp coolers and water heaters installed to support tenant comfort and efficiency
Property description notes proximity to the revitalized Route 66 corridor for access to amenities and retail
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Grants, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Building 8-Unit Apartment Property
Two-Building 8-Unit Apartment Property

309-313 Geraldine Loop SE, Rio Rancho, NM 87124

$1,030,000
6,684 sqft 0.57 AC lot

Occupied two-bedroom residences feature one bathroom, carpeted floors, and central and forced-air heating.

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11-Unit Apartment Property with RV Pads
11-Unit Apartment Property with RV Pads

9607 Central Ave NW, Albuquerque, NM 87121

$1,427,100
60,954 sqft 1.40 AC lot

Six buildings offer a mix of apartment layouts, a detached house, and three RV sites.

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Two Fourplex Apartment Buildings
Two Fourplex Apartment Buildings

55-65 Darlene Road SE, Rio Rancho, NM 87124

$1,030,000
6,620 sqft 0.41 AC lot

Occupied two-bedroom residences feature central and forced-air heating.

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11-Unit Apartment Compound
11-Unit Apartment Compound

9607 Central Avenue NW, Albuquerque, NM 87121

$1,427,100
1.40 AC lot

Six buildings combine varied apartment layouts with individual ductless heating and cooling systems.

View details

Grants, NM Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Grants, NM on our real estate platform. These investment opportunities span a total of 21,940 square feet of properties for sale, with an estimated market value of $2,450,000.

Sale prices for apartment complexes in Grants, NM start at $1,100,000, averaging $1,225,000, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) +6.3%
Median Household Income $67,511
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Grants submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
87020 $1.2M

Taxes & Financing

Tax Rate (average for all types) 3.74%
Property Tax per SF $41.14 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cibola County

New Delisted

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