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15-Unit Apartment Property
For Sale
Contact for pricing
Pending

146 Glorieta St NE, Albuquerque, NM 87123

Four-building apartment asset with newer roofs and 100% occupancy.

Property SizeContact for details
Days on Market144

Property Features for 146 Glorieta St NE

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Cap Rate 6.92%
Multifamily Units 15

Building Details

Buildings 4
Listing Agency: Trinity Apartment Company
Listed By: Trey Whaley · License #20250899
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 31 at 6:29PM

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

Investment Insights

Based on property information with market context.

This apartment property contains 15 units distributed among four buildings. Newer roofs have been installed across the building group, and the property is currently 100% occupied. The offering reflects a 6.92% cap rate and a 5.68% COC.

Located in Albuquerque’s NE Heights, the property is minutes from Los Altos golf course and several major employers, including Sandia Labs, Costco, and Home Depot. The four-building configuration provides a defined apartment community setting with established occupancy and proximity to employment centers.

Key Highlights

  • 15‑unit apartment property across four buildings
  • 100% occupied at the time of listing
  • Newer roofs on all four buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Nail Salon Law Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

700
Businesses Nearby

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-building apartment asset with newer roofs and 100% occupancy.
Where is this apartment building located?
The property is located at 146 Glorieta St NE Albuquerque, NM.
What are key features of this property?
This property features: 15‑unit apartment property across four buildings; 100% occupied at the time of listing; Newer roofs on all four buildings
(505) 269-1824 Call to check price and availability
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