Rio Rancho, NM Apartment buildings for sale

Updated: Jul 8

Multi-Family 8-Unit Portfolio

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

$1,030,000

6,684 sqft 0.57 AC lot

Two separately parceled 4‑plex buildings offered together for a total of 8 residential units
All units are 2‑bedroom, 1‑bath layouts
Units are currently occupied by long‑standing tenants
Built in 1980 with frame and stucco construction
Central heating and forced air heating

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This listing looks promising.

Here's a quick look at some key insights for

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

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$56K
Annual
Price @ 7% Cap

$793K
Suggested
Property Type

Multi-Family Dwellings
Built 1980

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Updated: Jul 8

Multifamily 8-Unit Portfolio

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

$1,030,000

6,620 sqft 0.41 AC lot

8‑unit multi‑family portfolio includes two separately parceled 4‑plex buildings offered together
All units are 2‑bedroom, 1‑bath layouts, with eight total units
Property was built in 1980
Heating includes forced air with central heating
Appliances include dishwasher and refrigerator in the units

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Rio Rancho, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turnkey 6-Plex in Albuquerque

426 Towner Avenue NW, Albuquerque, NM 87102

$565,000

3,191 sqft 0.24 AC lot

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

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Albuquerque Multifamily Investment Opportunity

3601 Wellesley Drive NE, Albuquerque, NM 87107

$3,015,000

14,266 sqft 0.78 AC lot

Multifamily portfolio in Albuquerque with investment upside.

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Retail Building and Condominium Property

9368 Valley View Drive NW, Albuquerque, NM 87114

$5,500,000

5,046 sqft

High-traffic corridor retail space leased to Anytime Fitness, paired with 13 two-bedroom, 2.5-bath condominium units behind.

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Multifamily Property with Strong Upside

1225, 1237 Menaul Blvd NW, Albuquerque, NM, USA, Albuquerque, NM 87107

$1,125,000

6,800 sqft

Fully occupied multifamily property with renovated units and rent upside.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000

0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

Contact for pricing

0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000

0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Rio Rancho, NM Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Rio Rancho, NM on our real estate platform. These investment opportunities span a total of 13,304 square feet of properties for sale, with an estimated market value of $2,060,000.

Sale prices for two-family homes in Rio Rancho, NM start at $1,030,000, averaging $1,030,000, and reaching up to $1,030,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Rio Rancho, NM Apartment Buildings for Sale

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

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

Opportunities in Nearby Cities

426 Towner Avenue NW, Albuquerque, NM 87102

3601 Wellesley Drive NE, Albuquerque, NM 87107

9368 Valley View Drive NW, Albuquerque, NM 87114

1225, 1237 Menaul Blvd NW, Albuquerque, NM, USA, Albuquerque, NM 87107