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Courtyard Apartment Building
For Sale
$324,000
Pending

115 J O Gallegos Rd, Socorro, NM 87801

Ten-apartment property with resident parking and a central courtyard in Socorro.

Property Size5,124 SF
Days on Market91

Property Features for 115 J O Gallegos Rd

General Information

Standard status Pending
Size 5,124 SF
Property subtype Residential Income

Additional Details

Multifamily Units 10

Taxes and HOA fees

Annual Taxes $3,798

Amenities

courtyard
Listing Agency: Home & Country Realty
Listed By: Jenilyn Rincones · License #45453
Source: Exprealty
Added: Jun 1 Changed: Aug 29 Last Checked: Aug 29 at 10:40PM

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 Home & Country Realty

Investment Insights

Based on property information with market context.

This apartment building contains 10 separate apartments arranged around a central courtyard. Off-street parking is provided at both the front and rear of the property, adding parking access on multiple sides of the site. The property is located at 115 J O Gallegos Rd in Socorro, New Mexico.

All units are rented consistently, providing an occupied multifamily configuration for an owner or investor evaluating the property. The courtyard layout and separate apartment count define the asset’s primary physical characteristics.

Key Highlights

  • 10 separate apartments arranged around a central courtyard
  • Off‑street parking available at the front and rear
  • All units are rented consistently

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Pharmacy Hair Salon Spa & Massage Center Electrical Service (Bike/Boat/Book/etc) Store

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

186
Businesses Nearby

Demographics for 87801, NM

9,934
Population
4,272
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
86%
High-School Grad
177.3 sq mi
ZIP Area
56
Density / Sq Mi
$54,032
Median Household Income
$30,083
Median Earnings
$676
Median Rent
$165,700
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 - Ten-apartment property with resident parking and a central courtyard in Socorro.
Where is this apartment building located?
The property is located at 115 J O Gallegos Rd Socorro, NM.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: 10 separate apartments arranged around a central courtyard; Off‑street parking available at the front and rear; All units are rented consistently
More about this property
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