Condominium Income
12000 STILWELL Place NE Albuquerque, NM 87112
12000 STILWELL Place NE, Albuquerque, NM, 87112
$179,000
For Sale
$179,000
MULTI_FAMILY - Albuquerque, NM
Property Size850 SF
Lot Size0.01 Acres
Price / SF$210.59
Days on Market298
Property Features for 12000 STILWELL Place NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1
- Appliances
- BuiltInGasRange, Dishwasher, Disposal
- Standard status
- Active
- APN
- 102205912826234117
- Size
- 850 SF
- Lot size
- 0.01 Acres
Taxes and HOA fees
- Tax Annual Amount
- 508
Utilities
- Heating system
- Central, Forced Air
Building Details
- Year built
- 1973
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Tile, Vinyl, Wood
- Building materials
- Frame, Stucco
Listing Agency
Realty One of New Mexico
(505) 883-9400
4121 Wyoming Blvd NE, Albuquerque, NM
Listed by
Karen Eugenia Amaro · License #54977
(505) 415-0941
Added: Sep 25, 2025 Checked: Jul 19 at 4:06 am
MLS# 1092083
Listing URL
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 condominium income property includes spacious bedrooms, with one bedroom offering a walk-in closet, and an in-unit washer. The unit is located at 12000 STILWELL Place NE in Albuquerque, NM 87112.
According to the public remarks, the property is close to grocery stores, restaurants, and shopping, and provides easy access to walking trails and the Sandia Mountains.
The listing also notes a total property size of 850 square feet and a lot size of 0.01 acres.
According to the public remarks, the property is close to grocery stores, restaurants, and shopping, and provides easy access to walking trails and the Sandia Mountains.
The listing also notes a total property size of 850 square feet and a lot size of 0.01 acres.
Key Highlights
- Condo with 2 bedrooms and 1 bathroom
- One bedroom includes a walk‑in closet
- In‑unit washer
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.8k | $16.20 |
| − Vacancy | −$716 | −$0.84 |
| EGI | $13.1k | $15.36 |
| − OpEx | −$5.9k | −$6.91 |
| NOI | $7.2k | $8.45 |
850 SF · lease $16.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$102.6K
$89.8K – $119.7K
NOI $7,180 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$205.6K
$179.9K – $239.9K
NOI $14,394 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - Condo unit features spacious bedrooms, including a walk-in closet, plus an in-unit washer.
Where is this residential income property located?
The property is located at 12000 STILWELL Place NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Condo with 2 bedrooms and 1 bathroom; One bedroom includes a walk‑in closet; In‑unit washer
