Apartment Building

Grants, NM Apartment Buildings for Sale

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Milan, NM San Rafael, NM Ramah, NM Thoreau, NM Chama, NM Bluewater, NM
6 properties
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 East High Street, Grants, NM 87020

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17,000 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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Updated Multifamily Building
Updated Multifamily Building

730 2nd St, Grants, NM 87020

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Updated multifamily property with a 10-unit flex configuration and reported good rental history.

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Renovated 72-Unit Apartment Complex
Renovated 72-Unit Apartment Complex

1008-1044 Sage St, Grants, NM 87020

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For sale 72-unit apartment complex in Grants, NM, with most units renovated and wind-resistant shingle roofing.

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Six-Unit Apartment Building
Six-Unit Apartment Building

1024/1028 Sage, Grants, NM 87020

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For sale six-unit apartment building listed with a 7.92% cap rate in public remarks.

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72-Unit Apartment Complex
72-Unit Apartment Complex

1039 Sage St, Grants, NM 87020

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Fully operational 72-unit apartment complex offered for sale with established management in place.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 6 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-Parceled 4-Plex Apartment Portfolio
Two-Parceled 4-Plex Apartment Portfolio

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

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

Portfolio includes two separately parceled 4-plex buildings with eight occupied 2-bedroom, 1-bath units and central forced-air heat.

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Multifamily Property with Additional House
Multifamily Property with Additional House

416 hwy 66, Milan, NM 87021

$865,000
22,000 sqft

Includes 17 units plus a house, offering potential to expand on the same property.

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Value-Add Apartment Investment Opportunity
Value-Add Apartment Investment Opportunity

7600 Central Ave SE, Albuquerque, NM 87108

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8,831 sqft

Competitively priced apartment complex with value-add potential in Albuquerque.

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Renovated 11-Unit Apartment Building
Renovated 11-Unit Apartment Building

6116 Central Ave SW, Albuquerque, NM 87105

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Recently renovated multifamily asset in lease-up, within walking distance of retail, restaurants, and two ART transit stops.

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Grants, NM Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Grants, NM, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 24,090 square feet of properties for sale, with an estimated market value of $1,100,000.

Sale prices for two-family homes in Grants, NM average $1,100,000 — 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 $1.1M

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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