1225 1237 Menaul Blvd NW Albuquerque NM USA Albuquerque, NM 87107
Fully occupied multifamily property with renovated units and rent upside.
- Added:
- Mar 27, 2026
- Days on Market:
- 107
- Last Refresh:
- Jul 3 at 6:03 am
Property Features for 1225 1237 Menaul Blvd NW Albuquerque NM USA
General Information
- Standard status
- Active
- Size
- 6,800 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1980
Listing office NAI Sun Vista (505) 878-0001
Listing date Mar 27, 2026
Source Crexi
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 NAI Sun Vista
Investment Insights
Based on property information with market context.
Key Highlights
- 6.16% Pro Forma Cap Rate
- 100% Occupied as of March 2026
- Strong Rent Upside
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 | $110.2k | $16.20 |
| − Vacancy | −$5.7k | −$0.84 |
| EGI | $104.4k | $15.36 |
| − OpEx | −$47.0k | −$6.91 |
| NOI | $57.4k | $8.45 |
