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Renovated 72-Unit Apartment Complex
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1008-1044 Sage St, Grants, NM 87020

For sale 72-unit apartment complex in Grants, NM, with most units renovated and wind-resistant shingle roofing.

Property SizeContact for details
Days on Market141

Property Features for 1008-1044 Sage St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 72

Amenities

professional management services

Building Details

Tenancy Multi
Listing Agency: eXp Realty, LLC Albuquerque
Listed By: Ron Hensley · License #NM 18396
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 11:59PM

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 eXp Realty, LLC Albuquerque

Investment Insights

Based on property information with market context.

Mt Taylor Apartments is a 72-unit apartment complex arranged as 20 triplexes and 3 fourplexes across 23 well-maintained buildings on 22 lots. The property is offered as a complete package and is supported by professional management services.

According to county data referenced in the remarks, there is a shortfall of housing units in Grants, New Mexico, and the complex is positioned to meet local housing demand. The exterior improvements noted include Owens Corning Duration Architectural Teak Shingles, designed as a 50-year, 130 mph wind-resistant roofing system.

Interior renovations described for most units include new flooring, electrical upgrades, appliances, trim, cabinets, and fixtures, with units presented as turnkey. The property also provides space for additional outdoor features, and the remarks cite potential to expand to increase unit count.

Key Highlights

  • 72‑unit apartment complex in Grants, NM: 20 triplexes and 3 fourplexes in 23 buildings on 22 lots
  • Most units have undergone comprehensive renovations, including flooring, electrical upgrades, appliances, trim, cabinets, and fixtures
  • New Owens Corning Duration Architectural Teak shingles: 50‑year, 130 mph wind‑resistant roofing

Property Analytics

Current Use

Apartment buildings

Lease Details

72
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 87020, NM

11,471
Population
4,593
Households
2.5
Avg Household Size
38
Median Age
23%
College-Educated
85%
High-School Grad
902.0 sq mi
ZIP Area
13
Density / Sq Mi
$67,511
Median Household Income
$39,100
Median Earnings
$741
Median Rent
$154,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - For sale 72-unit apartment complex in Grants, NM, with most units renovated and wind-resistant shingle roofing.
Where is this apartment building located?
The property is located at 1008-1044 Sage St Grants, NM.
What are key features of this property?
This property features: 72‑unit apartment complex in Grants, NM: 20 triplexes and 3 fourplexes in 23 buildings on 22 lots; Most units have undergone comprehensive renovations, including flooring, electrical upgrades, appliances, trim, cabinets, and fixtures; New Owens Corning Duration Architectural Teak shingles: 50‑year, 130 mph wind‑resistant roofing
More about this property
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