12710 San Jacinto Ave Albuquerque, NM 87123

This exceptional 10-unit apartment building, completed in January 2024, presents a compelling investment opportunity in Albuquerque, New Mexico. Located at 12710 San Jacinto Ave NE, 87123, this three-story property boasts 11,040 square feet on a 0.21-acre lot, with 10 parking spaces. Each of the 1,104 square foot units features two bedrooms and 2.5 bathrooms, modern finishes including concrete flooring, quartz countertops, and stainless-steel appliances. Energy-efficient features such as smart thermostats, LED lighting, and high-efficiency appliances and HVAC systems contribute to low maintenance costs. Currently 100% leased, the property offers significant upside potential with rents well below market averages. The current Net Operating Income (NOI) is $118,858.20, yielding a 5.2% cap rate, with a pro-forma cap rate of 6.5%. The asking price is $2,275,000, or $227,500 per unit. The property is zoned MX-M and benefits from a strong rental market in a rapidly developing trade area. Each unit includes a private patio or yard. This turnkey investment offers immediate cash flow and significant long-term growth potential.