9-Unit Apartment
For Sale
$789,545
1339 San Mateo Blvd, Albuquerque, NM 87108
Maintained apartment community with completed capital improvements and a stable tenant base.
Property SizeContact for details
Days on Market196
Property Features for 1339 San Mateo Blvd
General Information
Standard status
Active
Property subtype
Residential Income
Site & Location
Neighborhood
Pkh
Additional Details
Multifamily Units
9
Building Details
Year Built
1948
Listing Agency:
Trinity Apartment Company LLC
Listed By:
Trey W. Whaley · License #20250899
(505) 622-3240
Source:
Albuquerquehomefinders
Added: Apr 14
Changed: Oct 25
Last Checked: Oct 24 at 5:06PM
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 Trinity Apartment Company LLC
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Investment Insights
Based on property information with market context.
This 9-unit apartment community, built in 1948, has received substantial capital improvements and is described as well maintained. The property includes an established tenant base and straightforward apartment operations, with MX-L zoning supporting its multifamily classification.
The community is located in Albuquerque west of San Mateo Boulevard, near established single-family neighborhoods and parks. It is also positioned near the Max Q redevelopment corridor, where the surrounding area includes new construction and commercial investment. The property information identifies employment, retail, and infrastructure growth as factors supporting rental demand in the area.
Additional operating details include long-term tenancy and gradual rent-growth potential as units turn over or renew, as described in the offering information.
The community is located in Albuquerque west of San Mateo Boulevard, near established single-family neighborhoods and parks. It is also positioned near the Max Q redevelopment corridor, where the surrounding area includes new construction and commercial investment. The property information identifies employment, retail, and infrastructure growth as factors supporting rental demand in the area.
Additional operating details include long-term tenancy and gradual rent-growth potential as units turn over or renew, as described in the offering information.
Key Highlights
- 9‑unit apartment community
- Built in 1948
- MX‑L zoning
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Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
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Business Placement
Demographics for 87108, NM
36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Maintained apartment community with completed capital improvements and a stable tenant base.
Where is this apartment building located?
The property is located at 1339 San Mateo Blvd Albuquerque, NM.
What is the asking price?
The asking price for this property is $789,545.
What are key features of this property?
This property features: 9‑unit apartment community; Built in 1948; MX‑L zoning
