Apartment Building

Tucumcari, NM Apartment Buildings for Sale

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Logan, NM
10-Unit Apartment Building
Updated: Jul 1
10-Unit Apartment Building

415 E Washington St, Tucumcari, NM 88401

$825,000
2.07 AC lot
10‑unit apartment complex on 2.07 acres
Unit mix includes eight 2‑bedroom, 1 1/2‑bath units and two 3‑bedroom, 2‑bath units
Each apartment includes 1‑2 car covered parking and a private courtyard
Two units have been rented to a hospital helicopter service for 10 years
Built in 1970 with brick and Mission Stone construction
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Tucumcari, NM, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Value-Add Apartment Community
Value-Add Apartment Community

1100 S Wicker Avenue, Littlefield, TX 79339

Contact for pricing
35,866 sqft

Apartment community with 45 units and roughly 93% occupancy, offering room to increase NOI through rent adjustments.

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6-Unit Apartment Building with Garages
6-Unit Apartment Building with Garages

10524 Tierra Santa Drive, Amarillo, TX 79119

$1,180,000
5,982 sqft 1.02 AC lot

Under-construction multifamily property with matching layouts, private outdoor areas, and modern appliance packages.

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45-Unit Apartment Building
45-Unit Apartment Building

1100 S Wicker Avenue, Littlefield, TX 79339

$2,400,000

Established multifamily property with maintained improvements and current occupancy above ninety percent.

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112-Unit Garden-Style Apartment Community
112-Unit Garden-Style Apartment Community

4301 Southwest 51st Avenue, Amarillo, TX 79109

$5,998,000

Recent capital work supports continued leasing and operating updates across the community.

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Off-Market Properties in Tucumcari, NM

Consider similar Off-Market properties in Tucumcari, NM. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

508 3Rd St
Multifamily properties

508 3Rd St, Tucumcari, NM 88401

Estimated value: by Request
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415 Washington Ave
Multifamily properties

415 Washington Ave, Tucumcari, NM 88401

Estimated value: by Request
15,964 sqft 2.07 AC lot
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Tucumcari, NM Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Tucumcari, NM on our real estate platform.

Sale prices for apartment complexes in Tucumcari, NM average $825,000 — 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 6,871
Population Growth (5Y) +3.2%
Median Household Income $46,773
College Educated 14.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
88401 $825K

Taxes & Financing

Tax Rate (average for all types) 3.55%
Tax Rate vs County Average 0.21 pp above county avg
Average Loan-to-Value 65.0%

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