54-Unit Apartment
For Sale
$3,415,169
Pending
1800 S Pennsylvania Ave, Roswell, NM 88203
Fully occupied community with one-, two-, and three-bedroom residences.
Property Size45,798 SF
Days on Market533
Property Features for 1800 S Pennsylvania Ave
General Information
Standard status
Pending
Size
45,798 SF
Property subtype
Multifamily
Zoning
R-4
Occupancy
100%
Financials
Asking Price
$3,415,169
Cap Rate
7.15%
Average Monthly Rent
$805
Additional Details
Multifamily Units
54
Listing Agency:
NM Apartment Advisors, Inc.
(505) 440-8633
Listed By:
Todd Clarke · License #13711
(505) 440-8633
Source:
Carnm.resimplifi
Added: Mar 17, 2025
Changed: Aug 30
Last Checked: Aug 31 at 1:17PM
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 NM Apartment Advisors, Inc.
Investment Insights
Based on property information with market context.
This 54-unit apartment building at 1800 S Pennsylvania Ave in Roswell, New Mexico, contains 45,798 square feet of residential space. The unit mix includes one-, two-, and three-bedroom residences ranging from 601 to 1,274 square feet, providing multiple floor plan options within the property.
The building is reported at 100% occupancy and is zoned R-4. Its residential configuration and varied unit sizes support an established multifamily operation in Roswell. The property combines a broad bedroom mix with an existing occupied tenant base and a substantial overall building area.
The building is reported at 100% occupancy and is zoned R-4. Its residential configuration and varied unit sizes support an established multifamily operation in Roswell. The property combines a broad bedroom mix with an existing occupied tenant base and a substantial overall building area.
Key Highlights
- 54‑unit apartment building
- 45,798 SF of residential space
- One-, two-, and three‑bedroom unit mix
Property Analytics
Property Profile
Current Use
Lease Details
54
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
383
Businesses Nearby
Explore this area
Business Placement
Demographics for 88203, NM
30,162
Population
12,089
Households
2.5
Avg Household Size
34
Median Age
11%
College-Educated
78%
High-School Grad
1,093.0 sq mi
ZIP Area
28
Density / Sq Mi
$42,067
Median Household Income
$30,538
Median Earnings
$776
Median Rent
$115,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied community with one-, two-, and three-bedroom residences.
Where is this apartment building located?
The property is located at 1800 S Pennsylvania Ave Roswell, NM.
What is the asking price?
The asking price for this property is $3,415,169.
What are key features of this property?
This property features: 54‑unit apartment building; 45,798 SF of residential space; One-, two-, and three‑bedroom unit mix
