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Golf Course Edge Apartment Building
For Sale
$4,500,000
Pending

1325 Wellesley Drive SE, Albuquerque, NM 87106

Residential Income, Albuquerque, NM

Property SizeContact for details
Lot Size1.53 Acres
Days on Market30

Property Features for 1325 Wellesley Drive SE

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-ML*
Bedrooms 4
Full bathrooms 6
Rooms Bathroom 1, Bathroom 6, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 5, Bathroom 2, Bedroom 2, Bedroom 4
Subdivision Sunport Lodgings Add
Directions From I-25 & Gibson, east to Girard, north four blocks, west to property.
Standard status Pending
APN 101605638619040140
Lot size 1.53 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description Tract 2-B Sunport Lodgings Addition
Tax Annual Amount 21241
Legal Description Tract 2-B Sunport Lodgings Addition

Building Details

Year built 1970
Floors in Building 3
Number of units 80
Listing Agency: NM Apartment Advisors, Inc.
Listed By: Todd D Clarke · License #13711
Added: Oct 4 Changed: Nov 1 Last Checked: Nov 2 at 11:06PM
MLS# 1111973

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Albuquerque apartment property dates to 1970 and occupies 1.53 acres. It is zoned R-ML* and sits along the eastern edge of Puerta Del Sol Public golf course.

Kirtland Air Force Base, Sandia National Laboratories, and the Max-Q development are nearby employment centers. Reported operating metrics include a 7.63 GRM and an 8.35% cap rate.

Key Highlights

  • 1.53‑acre apartment property
  • Built in 1970
  • Zoned R‑ML*

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Near Kirtland Air Force Base, Sandia National Laboratories, and the Max-Q development.
Where is this apartment building located?
The property is located at 1325 Wellesley Drive SE Albuquerque, NM.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 1.53‑acre apartment property; Built in 1970; Zoned R‑ML*
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