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    Corrales, NM Albuquerque, NM Baker, FL
    Two-Parceled 4-Plex Apartment Portfolio
    Updated: Jul 8
    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
    0.57‑acre lot with two separately parceled 4‑plex buildings offered for sale together
    Eight total units: 2‑bedroom, 1‑bath configuration
    Currently occupied by long‑standing tenants
    Central and forced‑air heating
    Frame and stucco construction with carpet flooring
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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
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rio Rancho, 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.

    Retail Building and Condominium Property
    Retail Building and Condominium Property

    9368 Valley View Drive NW, Albuquerque, NM 87114

    $5,500,000
    18,046 sqft

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

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    9238 4th Street NW, Albuquerque, NM 87114

    $665,000
    0.47 AC lot

    Two separate buildings provide varied layouts, including furnished studios with documented short-term rental history.

    View details
    Multifamily Property with Strong Upside
    Multifamily Property with Strong Upside

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

    Contact for pricing
    6,800 sqft

    Fully occupied multifamily property with renovated units and rent upside.

    View details
    14-Unit Apartment Community
    14-Unit Apartment Community

    511 Candelaria Rd NW, Albuquerque, NM 87107

    Contact for pricing

    Fourteen-unit multifamily property with partial renovations, plus a Land Use Restriction Agreement governing long-term affordable housing.

    View details

    Rio Rancho, NM Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Rio Rancho, NM on our real estate platform. These investment opportunities span a total of 6,684 square feet of properties for sale, with an estimated market value of $1,030,000.

    Sale prices for two-family homes in Rio Rancho, NM average $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.

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    Demographics Overview

    Population 108K
    Population Growth (5Y) +11.9%
    Median Household Income $86,287
    College Educated 30.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87124 $1M

    Taxes & Financing

    Tax Rate (average for all types) 3.50%
    Property Tax per SF $76.21 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sandoval County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Rio Rancho fall within the 100,000+ square foot range.

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