Apartment Building

Santa Cruz, NM Apartment Buildings for Sale

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Espanola, NM La Mesilla, NM Chimayo, NM Hernandez, NM Santa Fe, NM Alcalde, NM Ojo Caliente, NM Cundiyo, 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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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.

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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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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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

2325 Cerrillos, Santa Fe, NM 87505

$1,800,000
24,000 sqft 0.59 AC lot

Upper-level apartments operate under low-income housing restrictions, with separate office suites occupying the ground floor.

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Newly Built Apartment Complex
Newly Built Apartment Complex

920 Shoofly Street, Santa Fe, NM 87505

$5,450,000
15,995 sqft 0.65 AC lot

One- and two-bedroom rentals completed in 2023 offer a contemporary multifamily configuration.

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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 apartment complexes 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

Office

Residential Income

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