Four-Home Adobe Rental
For Sale
Contact for pricing
1700 Old Town Rd NW, Albuquerque, NM 87104
Gated compound with four restored casitas, individual utilities, furnishings, and established vacation-rental operations.
Property SizeContact for details
Lot Size0.36 Acres
Days on Market143
Property Features for 1700 Old Town Rd NW
General Information
Standard status
Active
Lot size
0.36 Acres
Property subtype
Hospitality
Additional Details
Furnished
Yes
Business Included
Yes
Utilities to Site
Yes
Multifamily Units
4
Amenities
private patio
hammock
gated compound
wi-fi
Building Details
Buildings
4
Construction
Adobe
Listing Agency:
Colliers - Albuquerque, New Mexico
(505) 880-7015
Listed By:
Keith Bandoni · License #NM 14472
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 7:20PM
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 Colliers - Albuquerque, New Mexico
Investment Insights
Based on property information with market context.
This gated short-term rental compound includes four restored 19th-century adobe homes on .36 acres. Each casita has its own gas and electric meter, air-conditioning system, instant hot water tank, Wi-Fi, and stackable washer and dryer. Exterior features include private patios, landscaped grounds with sprinkler systems, and mature shade trees. The improvements retain original character while incorporating rebuilt roofs and repaired adobe walls. Vintage furnishings, fixtures, linens, equipment, and utensils remain with the property.
The compound is located at 1700 Old Town Rd NW in Albuquerque, across from Tiguex Park and several museums. Old Town is two blocks away, with restaurants within walking distance. The homes have been operated as Airbnb and VRBO rentals, and the property has also been used for weddings. The existing setup supports continued guest accommodations across four individual residences.
The compound is located at 1700 Old Town Rd NW in Albuquerque, across from Tiguex Park and several museums. Old Town is two blocks away, with restaurants within walking distance. The homes have been operated as Airbnb and VRBO rentals, and the property has also been used for weddings. The existing setup supports continued guest accommodations across four individual residences.
Key Highlights
- Four restored 19th‑century adobe homes within a gated compound
- .36‑acre property across from Tiguex Park and several museums
- Each casita includes separate gas and electric meters
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,448
Businesses Nearby
Explore this area
Business Placement
Demographics for 87104, NM
12,537
Population
6,628
Households
1.9
Avg Household Size
43
Median Age
48%
College-Educated
92%
High-School Grad
4.2 sq mi
ZIP Area
2,985
Density / Sq Mi
$67,714
Median Household Income
$55,156
Median Earnings
$1,022
Median Rent
$300,000
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?
Short term rental property - Gated compound with four restored casitas, individual utilities, furnishings, and established vacation-rental operations.
Where is this short term rental property located?
The property is located at 1700 Old Town Rd NW Albuquerque, NM.
What are key features of this property?
This property features: Four restored 19th‑century adobe homes within a gated compound; .36‑acre property across from Tiguex Park and several museums; Each casita includes separate gas and electric meters
