Four-Unit Apartment
For Sale
Contact for pricing
12806 Dorado Dr SE, Albuquerque, NM 87123
Multifamily property with private outdoor spaces, washer and dryer hookups, and select unit upgrades.
Property SizeContact for details
Days on Market143
Property Features for 12806 Dorado Dr SE
General Information
Standard status
Active
Property subtype
Multifamily
Financials
Asking Price
$369,500
Cap Rate
5.81%
Gross Rent Multiplier
10.62
Average Monthly Rent
$725
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
4
Amenities
washer & dryer hookups
private front and back balconies
private yard
Building Details
Buildings
1
Listing Agency:
N.M. Apartments, Inc.
(505) 440-8633
Listed By:
Todd Clarke · License #13711
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 2:46PM
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 four-unit apartment property in Albuquerque’s Singing Arrow neighborhood offers a mix of private outdoor areas and practical in-unit features. Upper-level residences include front and rear balconies, while lower-level residences have private yards. Each apartment includes washer and dryer hookups, and the larger bedroom in each unit has a walk-in closet. Recent improvements include two new air-conditioning systems, a newer heater and hot water heater in two apartments, and updated flooring and a refrigerator in one unit. The fireplaces have been filled in.
The property is near grocery and retail services, a movie theater, the Singing Arrow Community Center, public transportation, bike paths, and freeway connections. The community center provides before- and after-school programs. Investment metrics include a 10.62 GRM, a 5.81% before-tax CAP rate before reserves, a 20.10% before-tax IRR, and a 16.20% after-tax IRR based on current operations. A market-rent scenario indicates a 6.30% CAP rate and 8.54% cash-on-cash return.
The property is near grocery and retail services, a movie theater, the Singing Arrow Community Center, public transportation, bike paths, and freeway connections. The community center provides before- and after-school programs. Investment metrics include a 10.62 GRM, a 5.81% before-tax CAP rate before reserves, a 20.10% before-tax IRR, and a 16.20% after-tax IRR based on current operations. A market-rent scenario indicates a 6.30% CAP rate and 8.54% cash-on-cash return.
Key Highlights
- Four apartment units in Albuquerque’s Singing Arrow neighborhood
- Upper‑level units include private front and rear balconies; lower‑level units have private yards
- All apartments feature washer and dryer hookups and a walk‑in closet in the larger bedroom
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
478
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 - Multifamily property with private outdoor spaces, washer and dryer hookups, and select unit upgrades.
Where is this quadplex located?
The property is located at 12806 Dorado Dr SE Albuquerque, NM.
What are key features of this property?
This property features: Four apartment units in Albuquerque’s Singing Arrow neighborhood; Upper‑level units include private front and rear balconies; lower‑level units have private yards; All apartments feature washer and dryer hookups and a walk‑in closet in the larger bedroom
