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    Espanola, NM El Llano, NM La Mesilla, NM Chimayo, NM Hernandez, NM Pojoaque, NM Santa Fe, NM Chamita, NM
    Seven-Unit Apartment Property
    Updated: Jul 11, 2025
    Seven-Unit Apartment Property

    1004 State Road 76, Santa Cruz, NM 87567

    $1,023,993
    5,741 sqft 1.15 AC lot
    Seven apartment units totaling 5,741 square feet
    12 bedrooms and 7 bathrooms across the property
    1.15‑acre site in Santa Cruz, NM
    Built in 1945 with adobe, block, frame, and stucco construction
    Laundry available within units or shared between two units
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    This listing looks promising.

    Here's a quick look at some key insights for

    1004 State Road 76, Santa Cruz, NM 87567

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $79K
      Annual

    • Price @ 7% Cap

      $1.13M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Santa Cruz, 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.

    New Construction Apartment Building
    New Construction Apartment Building

    19 Walker Rd, Edgewood, NM 87015

    $5,000,000
    16,000 sqft

    Under-construction condominium community with a diversified unit mix and access to shopping, dining, and I-40.

    View details
    Apartment Building with Fireplace
    Apartment Building with Fireplace

    1901 Arroyo De Las Cruces, Santa Fe, NM 87505

    $1,300,000
    4,735 sqft 0.46 AC lot

    Apartment building with a seven-unit mix, interior steps, and public water and sewer services in Santa Fe.

    View details
    New Construction Apartment Community
    New Construction Apartment Community

    19 Walker Road, Edgewood, NM 87015

    $5,000,000
    1.25 AC lot

    Planned condominium residences offer varied layouts with ductless heating and cooling in an East Mountain community.

    View details
    Modern Multifamily Apartment Complex
    Modern Multifamily Apartment Complex

    920 Shoofly Street, Santa Fe, NM 87505

    $5,450,000
    15,995 sqft

    Newly built 2023 complex with 18 one- and two-bedroom apartments, operated under a Santa Fe railyard land-lease structure.

    View details

    Santa Cruz, NM Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Santa Cruz, NM on our real estate platform. These investment opportunities span a total of 5,741 square feet of properties for sale, with an estimated market value of $1,023,993.

    Sale prices for two-family homes in Santa Cruz, NM average $1,023,993 — 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 1,029
    Population Growth (5Y) -25.3%
    College Educated 27.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    87567 $1M

    Taxes & Financing

    Tax Rate (average for all types) 2.52%
    Property Tax per SF $0.83 per SF
    Tax Rate vs County Average 0.62 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Fe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Santa Fe County

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