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Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

1024/1028 Sage, Grants, NM 87020

For sale six-unit apartment building listed with a 7.92% cap rate in public remarks.

Days on Market110

Property Features for 1024/1028 Sage

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Cap Rate 7.92%
Multifamily Units 6
Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc.
Listed By: Tim Luten · License #NM 2469
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 30 at 6:14AM

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 SVN | Walt Arnold Commercial Brokerage, Inc.

Investment Insights

Based on property information with market context.

This multifamily property is offered for sale and consists of 6 units across 1024 and 1028 Sage in Grants, NM. The public remarks cite a 7.92% cap rate.

The asset is classified as an apartment building/residential income property, with the current offering presented as a 6-unit investment. Additional details on unit mix, updates, or building configuration are not provided in the supplied information.

Key Highlights

  • 6‑unit multifamily apartment building for sale
  • Public remarks list a 7.92% cap rate

Property Analytics

Current Use

Apartment buildings

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

136
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 six-unit apartment building listed with a 7.92% cap rate in public remarks.
Where is this apartment building located?
The property is located at 1024/1028 Sage Grants, NM.
What are key features of this property?
This property features: 6‑unit multifamily apartment building for sale; Public remarks list a 7.92% cap rate
(505) 620-2259 Call to check price and availability
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