Apartment Building with
1320 Dr Martin Luther King Jr Ave NE Albuquerque, NM 87106
1320 Dr Martin Luther King Jr Ave NE, Albuquerque, NM, 87106
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For Sale
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Pending
A 17-unit apartment property with 12 studios and five rented garages, currently 100% occupied.
Days on Market104
Property Features for 1320 Dr Martin Luther King Jr Ave NE
General Information
- Standard status
- Pending
- Property subtype
- Multifamily, Industrial
Listing agency
Realty One of New Mexico
(505) 507-9671
Listed by
John Lucero · License #47657
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 4:54AM Checked: Jul 22 at 4:54AM
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Investment Insights
Based on property information with market context.
This property consists of twelve studios plus five garages. The garages are all currently rented, and the overall property is 100% occupied. Some of the studio units have been updated and remodeled to suit modern tenant needs.
The building is located very near UNM and close to Presbyterian and Lovelace Hospitals, supporting a tenant base that benefits from nearby employment and healthcare.
The existing mix of studio apartments alongside income-producing garage rentals provides a straightforward, income-focused configuration within the apartment building offering.
The building is located very near UNM and close to Presbyterian and Lovelace Hospitals, supporting a tenant base that benefits from nearby employment and healthcare.
The existing mix of studio apartments alongside income-producing garage rentals provides a straightforward, income-focused configuration within the apartment building offering.
Key Highlights
- 17‑unit apartment property with 12 studios plus five rented garages
- 100% occupied with garages also rented out
- Some units have been updated and remodeled
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
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FAQs
What type of property is this?
Short term rental property - A 17-unit apartment property with 12 studios and five rented garages, currently 100% occupied.
Where is this short term rental property located?
The property is located at 1320 Dr Martin Luther King Jr Ave NE Albuquerque, NM.
What are key features of this property?
This property features: 17‑unit apartment property with 12 studios plus five rented garages; 100% occupied with garages also rented out; Some units have been updated and remodeled