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Apartment Property With House
For Sale
$865,000

416 hwy 66, Milan, NM 87021

ResidentialIncome, Milan, NM

Property Size22,000 SF
Price / SF$39.32
Days on Market91

Property Features for 416 hwy 66

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Y11
Directions follow map directions
Subdivision 390 - Cibola
Standard status Active
APN NotAvailable
Size 22,000 SF

Taxes and HOA fees

Tax Annual Amount 5600

Building Details

Floors in Building 2
Number of units 17
Flooring type Tile
Listing Agency: Simply Real Estate
Listed By: Eylicio Realty Team
Added: Jun 12 Changed: Sep 6 Last Checked: Sep 10 at 12:06PM
MLS# 1105609

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment property comprises 22,000 square feet and includes 17 units plus a house on the lot. Tile flooring is present within the property. The address is 416 Hwy 66 in Milan, New Mexico 87021, in Cibola County.

Key Highlights

  • 17 units plus a house on the lot
  • 22,000 square feet of property area
  • Tile flooring

Property Analytics

Current Use

Apartment buildings

Location Intelligence

Trade Area within ½ mile

125
Businesses Nearby

Demographics for 87021, NM

2,811
Population
1,284
Households
2.2
Avg Household Size
37
Median Age
8%
College-Educated
80%
High-School Grad
10.0 sq mi
ZIP Area
281
Density / Sq Mi
$39,041
Median Household Income
$33,270
Median Earnings
$832
Median Rent
$131,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - The property includes apartment units, a house, and tile flooring.
Where is this apartment building located?
The property is located at 416 hwy 66 Milan, NM.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: 17 units plus a house on the lot; 22,000 square feet of property area; Tile flooring
More about this property
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