Renovated 12-Unit Quadplex
For Sale
Contact for pricing
11116 Ventura Pl NE, Albuquerque, NM 87123
Three quadplex buildings feature two-bedroom residences with one bathroom and washer/dryer hookups.
Property SizeContact for details
Days on Market142
Property Features for 11116 Ventura Pl NE
General Information
Standard status
Active
Property subtype
Multifamily
Financials
Asking Price
$1,508,960
Cap Rate
6.71%
Gross Rent Multiplier
9.73
Average Monthly Rent
$1,078
Units
Unit Mix
12 x 2BR/1BA
Multifamily Units
12
Building Details
Buildings
3
Listing Agency:
N.M. Apartments, Inc.
(505) 440-8633
Listed By:
Todd Clarke · License #13711
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 9:06AM
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 N.M. Apartments, Inc.
Investment Insights
Based on property information with market context.
This multifamily offering includes three separate quadplex buildings at 11116–11124 Ventura Pl NE in Albuquerque’s Northeast Heights. The portfolio contains 12 two-bedroom, one-bathroom units, with washer/dryer hookups provided in each residence. Eleven of the 12 units have been renovated, and the buildings received new TPO roofs in 2018.
Each fourplex occupies its own parcel, creating a three-property configuration within an established community of family-oriented quadplexes. The asset provides a defined unit mix and updated improvements across the majority of the residences, with the properties located in Albuquerque’s Northeast Heights.
Each fourplex occupies its own parcel, creating a three-property configuration within an established community of family-oriented quadplexes. The asset provides a defined unit mix and updated improvements across the majority of the residences, with the properties located in Albuquerque’s Northeast Heights.
Key Highlights
- 12 total units across three fourplex buildings
- 11 of 12 units renovated
- Two‑bedroom, one‑bathroom unit configuration
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
610
Businesses Nearby
Explore this area
Business Placement
Demographics for 87123, NM
44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Three quadplex buildings feature two-bedroom residences with one bathroom and washer/dryer hookups.
Where is this quadplex located?
The property is located at 11116 Ventura Pl NE Albuquerque, NM.
What are key features of this property?
This property features: 12 total units across three fourplex buildings; 11 of 12 units renovated; Two‑bedroom, one‑bathroom unit configuration
