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10-Unit Apartment Building
For Sale
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1031 Sunset Rd, Albuquerque, NM 87105

Multifamily property with a history of occupied rental units and proximity to downtown Albuquerque.

Property SizeContact for details
Days on Market146

Property Features for 1031 Sunset Rd

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 9%
Multifamily Units 10
Listing Agency: Johnson Commercial Real Estate
Listed By: Derek Mitchell · License #NM 48551
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 5:50AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnson Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 1031 Sunset Rd in Albuquerque, this 10-unit apartment property offers a multifamily configuration with rental units that have remained consistently occupied. The property has a reported 9% capitalization rate.

The asset is positioned in Albuquerque’s South Valley, a short drive from downtown. Its established rental occupancy and 10-unit scale provide a straightforward apartment-building profile for multifamily ownership.

Key Highlights

  • 10‑unit multifamily property
  • Reported 9% capitalization rate
  • Rental units have remained consistently occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 87105, NM

54,151
Population
20,263
Households
2.7
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
40.2 sq mi
ZIP Area
1,347
Density / Sq Mi
$49,928
Median Household Income
$32,490
Median Earnings
$972
Median Rent
$200,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Multifamily property with a history of occupied rental units and proximity to downtown Albuquerque.
Where is this apartment building located?
The property is located at 1031 Sunset Rd Albuquerque, NM.
What are key features of this property?
This property features: 10‑unit multifamily property; Reported 9% capitalization rate; Rental units have remained consistently occupied
(505) 353-2055 Call to check price and availability
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